Circle of Hope International

Analysis

Circle of Hope International is a registered charity in United States, based in Wilmore, KY. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Circle of Hope International reported income of $623k and spending of $665k, spending 107% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $558k to $623k (+12%), an average of +2.8% a year. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Circle of Hope International sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Peace Education Program Inc ($622k), World Resources Group Inc ($623k) and Give Chances Inc ($622k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (7.2% of expenses). Other salaries and wages came to $40k. At year end it held assets of $265k against liabilities of $2,406, net assets of $262k. It reported 3 employees.