Asias Hope

Analysis

Asias Hope is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Asias Hope reported income of $2.5m and spending of $2.8m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.5m (-2.9%), an average of -0.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asias Hope sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Keep Austin Fed ($2.5m), Baldwin Academy East Inc ($2.5m) and People in Need Inc of Delaware County Ohio ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $115k (4.1% of expenses). Other salaries and wages came to $198k. At year end it held assets of $3.0m against liabilities of $153k, net assets of $2.8m. It reported 5 employees.