House of Hope - International

Analysis

House of Hope - International is a registered charity in United States, based in Fountain Inn, SC. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, House of Hope - International reported income of $492k and spending of $566k, spending 115% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $372k to $492k (+32%), an average of +5.7% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 98% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, House of Hope - International sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Pilot Fire Department and Community Center of Davidson County Inc ($492k), Oakland Volunteer Fire Department Inc ($492k) and Blossburg Volunteer Fire Department ($492k).

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 $48k (8.5% of expenses). Other salaries and wages came to $33k. At year end it held assets of $204k against liabilities of $0, net assets of $204k.