Family Hope Charity Incorporated

Analysis

Family Hope Charity Incorporated is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in April 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, Family Hope Charity Incorporated reported income of $83k and spending of $84k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $83k (+4.2%), an average of +4.2% a year. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Family Hope Charity Incorporated sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include The Central Pennsylvania World Hunger Association ($83k), Cherith International Inc ($83k) and People for Progress in India ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.