Hope Project-Liberia

Analysis

Hope Project-Liberia is a registered charity in United States, based in Leavenworth, WA. It received its IRS tax-exemption ruling in June 2012, 14 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 Project-Liberia reported income of $351k and spending of $437k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $351k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Project-Liberia sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Diocese of Kumbo ($350k), Latin American and Caribbean Network for Democracy Inc ($351k) and World Federation of Free Latvians ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). At year end it held assets of $597k against liabilities of $3,662, net assets of $593k. It reported 4 employees.