Hope Haven Charitable Trust

Analysis

Hope Haven Charitable Trust is a registered charity in United States, based in Sedalia, CO. It received its IRS tax-exemption ruling in February 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 Haven Charitable Trust reported income of $5.3m and spending of $4.1m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $5.3m (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Haven Charitable Trust sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include With Open Eyes Foundation Inc ($5.3m), Grant Foundation ($5.3m) and Franciscan Foundation for the Holy Land ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (3.0% of expenses). Other salaries and wages came to $222k. At year end it held assets of $15.8m against liabilities of $100k, net assets of $15.7m. It reported 5 employees.