Hands of Hope

Analysis

Hands of Hope is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in March 2002, 24 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, Hands of Hope reported income of $144k and spending of $260k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $265k to $144k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hands of Hope sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include International Association of Emergency Managers ($144k), Palm Grove Haiti Mission Inc ($144k) and Ethno Media Associates Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $771k against liabilities of $0, net assets of $771k.