Hope International Ministries NFP

Analysis

Hope International Ministries NFP is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in July 2003, 23 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, Hope International Ministries NFP reported income of $216k and spending of $377k, spending 175% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $465k to $216k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope International Ministries NFP sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Icpf Inc ($215k), Catholic Medical Foundation Inc ($216k) and Aschiana Foundation ($215k).

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 $117k against liabilities of $0, net assets of $117k.