Haven of Hope International Inc

Analysis

Haven of Hope International Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in August 2013, 13 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, Haven of Hope International Inc reported income of $1.0m and spending of $979k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $519k to $1.0m (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Haven of Hope International Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Tailored for Education Inc ($1.0m), Prasanthi Trust Inc ($1.0m) and Talent Beyond Boundaries Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $52k (5.3% of expenses). Other salaries and wages came to $133k. At year end it held assets of $508k against liabilities of $1,149, net assets of $507k. It reported 5 employees.