Hope Outreach International Ministries

Analysis

Hope Outreach International Ministries is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Outreach International Ministries reported income of $238k and spending of $247k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $235k to $238k (+1.0%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Outreach International Ministries sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include Evangelization Society of Philadelphia Inc ($238k), Treasuring Christ Together Network ($238k) and Submerge Church ($238k).

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 $336, net assets of $50k.