African Vision of Hope

Analysis

African Vision of Hope is a registered charity in United States, based in Maryville, IL. It received its IRS tax-exemption ruling in June 2005, 21 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, African Vision of Hope reported income of $3.7m and spending of $3.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.7m (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, African Vision of Hope sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Corporate Council on Africa ($3.7m), Agros International ($3.7m) and Christian Relief Services Charities Inc ($3.7m).

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 $128k (3.9% of expenses). Other salaries and wages came to $285k. At year end it held assets of $2.9m against liabilities of $12k, net assets of $2.9m. It reported 14 employees.