Hope for Uganda Inc

Analysis

Hope for Uganda Inc is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in October 1998, 28 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 for Uganda Inc reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $557k to $1.3m (+137%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope for Uganda Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Leadership International Inc ($1.3m), African Methodist Episcopal Church Service and Development Agency Inc ($1.3m) and Maasai Wilderness Conservation Fund ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $91k (8.1% of expenses). At year end it held assets of $766k against liabilities of $572, net assets of $765k. It reported 1 employees.