Hope Homes International Inc

Analysis

Hope Homes International Inc is a registered charity in United States, based in Marion, CT. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 November 2023, Hope Homes International Inc reported income of $85k and spending of $85k, spending 101% of its income. Across the 2 years on record, from November 2022 to November 2023, income fell from $93k to $85k (-9.5%), an average of -9.5% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hope Homes International Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within CT. Charities of a similar size with the same main cause include Mt Pleasant TWP Community Center Inc ($85k), First Serve Bridgeport Inc ($85k) and Eureka Junior Wildcat Football Inc ($85k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,184 against liabilities of $0, net assets of $2,184.