Home of Hope India-Us
Analysis
Home of Hope India-Us is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in December 2007, 19 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, Home of Hope India-Us reported income of $1.5m and spending of $1.3m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 85% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Home of Hope India-Us sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Survivor Alliance ($1.5m), American Relief Fund Inc ($1.5m) and Kairos Global ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Survivor Alliance | Berkeley | $1.5m |
| American Relief Fund Inc | Costa Mesa | $1.5m |
| Kairos Global | Colorado SPGS | $1.5m |
| Lexcollective | Ann Arbor | $1.5m |