Hope for Hispaniola Inc

Analysis

Hope for Hispaniola Inc is a registered charity in United States, based in Harmony, PA. It received its IRS tax-exemption ruling in May 2012, 14 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 December 2023, Hope for Hispaniola Inc reported income of $392k and spending of $167k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $272k to $392k (+44%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 31% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope for Hispaniola Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Luz de Vida ($391k), Mahali Pa Maisha Inc ($392k) and Noahs Children ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.