Hope Builders Ministries

Analysis

Hope Builders Ministries is a registered charity in United States, based in Afton, VA. It received its IRS tax-exemption ruling in December 2001, 25 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, Hope Builders Ministries reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $669k to $1.2m (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 32%. 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, Hope Builders Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include American Friends of Yeshiva Da Aschochma Inc ($1.2m), Project Hope Worldwide ($1.2m) and American Society of the University of Haifa ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (4.0% of expenses). Other salaries and wages came to $66k. At year end it held assets of $359k against liabilities of $81k, net assets of $278k. It reported 3 employees.