Ray of Hope International Foundation Inc

Analysis

Ray of Hope International Foundation Inc is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in December 2011, 15 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, Ray of Hope International Foundation Inc reported income of $54k and spending of $22k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $54k (+12%), an average of +12% a year. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ray of Hope International Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Groundup Africa ($54k), The Sound of Hope ($54k) and Cedice Foundation ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.