Ministry of Hope Lesotho Inc

Analysis

Ministry of Hope Lesotho Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in September 2015, 11 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, Ministry of Hope Lesotho Inc reported income of $72k and spending of $74k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $86k to $72k (-16%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ministry of Hope Lesotho Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include We Help Children Inc ($72k), Lawyers Committee on Nuclear Policy Inc ($72k) and Oasis Haven US ($72k).

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 $4,869 against liabilities of $0, net assets of $4,869.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.