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Hope International Ministries

RegisteredEIN 38-3600031Fort Myers, FLReligion
Income$1.1m2023-12
Spending$942ksame year
Spent / received82%5-year average
Size in its cause92nd pctReligion
Exempt since2003Publicly supported organisat
Employees0latest return

Analysis

Hope International Ministries is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 reported income of $1.1m and spending of $942k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $719k to $1.1m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 187%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope International Ministries sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Monteagle Assembly Endowment Fund Corporation ($1.1m), Dekoven Foundation for Church Work ($1.1m) and Life Savers Ministries ($1.1m).

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 $1.8m against liabilities of $0, net assets of $1.8m.

Income and spending

$0$270k$540k$811k$1.1m2019 Income: $718,5252019 Spending: $536,15520192020 Income: $262,9702020 Spending: $198,13420202021 Income: $269,5882021 Spending: $247,60920212022 Income: $774,9092022 Spending: $638,41820222023 Income: $1,080,7102023 Spending: $942,2392023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Monteagle Assembly Endowment Fund CorporationMonteagle$1.1m
Dekoven Foundation for Church WorkRacine$1.1m
Life Savers MinistriesAuburn$1.1m
Green Acres Baptist Church FoundationTyler$1.1m