Iringa Hope

Analysis

Iringa Hope is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iringa Hope reported income of $170k and spending of $173k, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $321k to $170k (-47%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iringa Hope sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Sacramental Community Inc ($170k), Wilsonville Community Sharing ($170k) and Heart of the Redwoods Community Hospice ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.

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.