International Ministries of Hope

Analysis

International Ministries of Hope is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in December 2010, 16 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, International Ministries of Hope reported income of $91k and spending of $104k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $91k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Ministries of Hope sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Sierra Leone Christian Mission Inc ($91k), Olive Tree Projects ($91k) and One World Unity Project Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,960 against liabilities of $6,644, net assets of $1,316.