Project Hope Inc

Analysis

Project Hope Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in March 2000, 26 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 June 2023, Project Hope Inc reported income of $2.1m and spending of $2.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.1m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Hope Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Alliance for Children Everywhere ($2.1m), Bnos Yerushlayim Inc ($2.1m) and The Sisterhood Is Global Institute Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $459k. At year end it held assets of $2.5m against liabilities of $278k, net assets of $2.2m. It reported 5 employees.