Common Hope Inc

Analysis

Common Hope Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 1987, 39 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, Common Hope Inc reported income of $4.5m and spending of $5.6m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $4.5m (-8.4%), an average of -2.2% a year. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Common Hope Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Institute for Policy Studies ($4.4m), Link Global ($4.5m) and Trinity Hope Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $138k (2.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $7.8m against liabilities of $1.4m, net assets of $6.3m. It reported 19 employees.