Star of Hope Centre - USA

Analysis

Star of Hope Centre - USA is a registered charity in United States, based in Port Townsend, WA. It received its IRS tax-exemption ruling in March 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, Star of Hope Centre - USA reported income of $68k and spending of $61k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $68k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Star of Hope Centre - USA sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Hope for the Future ($68k), The Grapes for Humanity Global Foundation ($68k) and Friends of Childrens Village ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.