Sewing Hope Foundation

Analysis

Sewing Hope Foundation is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in August 2016, 10 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, Sewing Hope Foundation reported income of $233k and spending of $202k, spending 87% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $292k to $233k (-20%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sewing Hope Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within OK. Charities of a similar size with the same main cause include Friends of Accion Inc ($233k), Canopy International Inc ($233k) and The Guatemala Project ($233k).

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 $44k against liabilities of $0, net assets of $44k.