Engage Hope Ministries

Analysis

Engage Hope Ministries is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in December 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, Engage Hope Ministries reported income of $1.6m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.6m (+1.4%), an average of +0.4% 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, Engage Hope Ministries sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Haiti Teen Challenge ($1.6m), Partnership for African Social and Governance Research Inc ($1.6m) and Muni Seva Charitable Foundation USA Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $42k (2.5% of expenses). Other salaries and wages came to $91k. At year end it held assets of $700k against liabilities of $20k, net assets of $680k. It reported 5 employees.