Future Hope Africa Inc

Analysis

Future Hope Africa Inc is a registered charity in United States, based in Princeton, KY. It received its IRS tax-exemption ruling in December 2013, 13 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, Future Hope Africa Inc reported income of $97k and spending of $100k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $97k (-1.1%), an average of -1.1% a year. Over the whole period it spent 111% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Future Hope Africa Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within KY. Charities of a similar size with the same main cause include Presbyterian Lakeside Ministry Inc ($97k), Eternal Hope in Haiti Inc ($97k) and Kingdom Faith Ministriesinternational Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.5% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.