Global Hope Project

Analysis

Global Hope Project is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Global Hope Project reported income of $111k and spending of $119k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $111k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Hope Project sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Ace Basin Growers ($111k), Angel House ($111k) and Able Charities Inc USA ($111k).

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 $48k against liabilities of $0, net assets of $48k.