Operation Renewed Hope Medical Missions Agency

Analysis

Operation Renewed Hope Medical Missions Agency is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in January 1997, 29 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, Operation Renewed Hope Medical Missions Agency reported income of $840k and spending of $814k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $730k to $840k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Operation Renewed Hope Medical Missions Agency sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Double Up Drive Inc ($839k), Marine Megafauna Foundation ($840k) and Start with One International Inc ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.