Give Hope 2 Kids

Analysis

Give Hope 2 Kids is a registered charity in United States, based in Waconia, MN. It received its IRS tax-exemption ruling in April 2006, 20 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, Give Hope 2 Kids reported income of $326k and spending of $299k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $326k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Give Hope 2 Kids sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Konbit Haiti ($326k), Friends of Kakamega ($326k) and Ludhiana Christian Medical College Board U S a Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $34k (11% of expenses). At year end it held assets of $982k against liabilities of $143k, net assets of $839k. It reported 2 employees.