Hope Outreach International Inc

Analysis

Hope Outreach International Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Outreach International Inc reported income of $53k and spending of $51k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $59k to $53k (-11%), an average of -3.0% a year. Over the whole period it spent 124% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Outreach International Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Hope on a Mission - Hoam ($53k), Centro Cristiano Nuevos Comienzos ($53k) and Lightsout ($53k).

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 $2,023 against liabilities of $0, net assets of $2,023.