Worldhope Corps Inc

Analysis

Worldhope Corps Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2008, 18 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, Worldhope Corps Inc reported income of $105k and spending of $97k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $105k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 115% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Worldhope Corps Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Ntsenth Lotha International Ministries Inc ($105k), Guanacaste Literacy ($105k) and Viethope Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $36k (38% of expenses). At year end it held assets of $85k against liabilities of $0, net assets of $85k.