Stream of Hope Inc Clean Water Project for Ethiopian Villages

Analysis

Stream of Hope Inc Clean Water Project for Ethiopian Villages is a registered charity in United States, based in Pearland, TX. It received its IRS tax-exemption ruling in April 2012, 14 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, Stream of Hope Inc Clean Water Project for Ethiopian Villages reported income of $150k and spending of $41k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $150k (+124%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 32% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Stream of Hope Inc Clean Water Project for Ethiopian Villages sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Rural Asia Initiative ($150k), Metro Effect Inc ($150k) and Radical Grandma Collective ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $267k against liabilities of $0, net assets of $267k.