House of Hope of Ghana Inc

Analysis

House of Hope of Ghana Inc is a registered charity in United States, based in Green, OH. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, House of Hope of Ghana Inc reported income of $156k and spending of $66k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $156k (+135%), an average of +135% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, House of Hope of Ghana Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Licr Charitable Trust ($156k), Aidnow ($156k) and Ark House Foundation ($156k).

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 $134k against liabilities of $0, net assets of $134k.