American Friends of House of Hope Inc

Analysis

American Friends of House of Hope Inc is a registered charity in United States, based in Fresh Meadows, NY. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, American Friends of House of Hope Inc reported income of $170k and spending of $157k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $170k (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 177%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of House of Hope Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include American Friends of Yeshivat Ateret Yerushalayim Inc ($170k), I Padrini Di Antonellos ($170k) and Grace Foundation of Destin Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.