Mission of Hope Bolivia

Analysis

Mission of Hope Bolivia is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in March 2000, 26 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, Mission of Hope Bolivia reported income of $512k and spending of $492k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $765k to $512k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mission of Hope Bolivia sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Cherry Avenue Foundation ($511k), Wetsembekile Ministries ($512k) and Lifetime Wells Vision ($510k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $338k against liabilities of $0, net assets of $338k. It reported 1 employees.