Hope Renewed International

Analysis

Hope Renewed International is a registered charity in United States, based in New Buffalo, MI. It received its IRS tax-exemption ruling in December 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 December 2023, Hope Renewed International reported income of $142k and spending of $151k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $363k to $142k (-61%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Renewed International sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Coalition for Integrity Inc ($142k), Japan America Society of Greater Cincinnati ($143k) and World Share USA ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.