Hosanna Institute of the Sahel Inc

Analysis

Hosanna Institute of the Sahel Inc is a registered charity in United States, based in Enid, OK. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Hosanna Institute of the Sahel Inc reported income of $532k and spending of $552k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $532k (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hosanna Institute of the Sahel Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OK. Charities of a similar size with the same main cause include Brightest Employment Services Inc ($532k), Nanankuli Hawaiian Homestead Community Association ($532k) and Business Education Coordinating Council ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.