Hope Road Nicaragua Inc
Analysis
Hope Road Nicaragua Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in September 2014, 12 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 Road Nicaragua Inc reported income of $189k and spending of $197k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $396k to $189k (-52%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 101% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Road Nicaragua Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Growing Entrepreneurs International ($189k), Thomas Charities ($189k) and Last Day Eve Ministries Inc ($189k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Growing Entrepreneurs International | Little Rock | $189k |
| Thomas Charities | Landenberg | $189k |
| Last Day Eve Ministries Inc | Marietta | $189k |
| Matthew E Russell Found | Woodstock | $189k |