Hope International Development Agency

Analysis

Hope International Development Agency is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope International Development Agency reported income of $13.4m and spending of $13.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $13.4m (+517%), an average of +58% a year. The sharpest change came in the year to December 2021, when income rose by 242%. Over the whole period it spent 100% 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 Development Agency sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Kids Alive International Inc ($13.4m), Refugepoint Inc ($13.5m) and Grassroots International Inc ($13.2m).

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 $75k (0.6% of expenses). At year end it held assets of $302k against liabilities of $0, net assets of $302k.