Radiating Hope Inc

Analysis

Radiating Hope Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in March 2016, 10 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, Radiating Hope Inc reported income of $907k and spending of $222k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $907k (-44%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 195%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Radiating Hope Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within UT. Charities of a similar size with the same main cause include St George and St Abraam Coptic Relief Organization ($907k), Iris Inc ($908k) and Peace Direct Inc ($906k).

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 $827k against liabilities of $0, net assets of $827k.