Hope and Grace International
Analysis
Hope and Grace International is a registered charity in United States, based in Arlington, WA. It received its IRS tax-exemption ruling in August 2019, 7 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 and Grace International reported income of $276k and spending of $268k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $276k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 102% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope and Grace International sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Christian Hands in Action Inc ($276k), Educational Center for New Americans Inc ($276k) and Servicios Asociados Integral Inc ($276k).
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 $4,975 (1.9% of expenses). At year end it held assets of $50k against liabilities of $1,856, net assets of $49k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christian Hands in Action Inc | McKinney | $276k |
| Educational Center for New Americans Inc | Rego Park | $276k |
| Servicios Asociados Integral Inc | Osteen | $276k |
| Universal Promise | Newport | $276k |