International Center of Hope Charity

Analysis

International Center of Hope Charity is a registered charity in United States, based in Daphne, AL. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, International Center of Hope Charity reported income of $71k and spending of $33k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $71k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, International Center of Hope Charity sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within AL. Charities of a similar size with the same main cause include Matinecock Masonic Historical Society ($71k), Korean American Senior Association of Anchorage ($71k) and Caledonia Area Community Charities Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.