Hope for Ishmael

Analysis

Hope for Ishmael is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 for Ishmael reported income of $134k and spending of $135k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $329k to $134k (-59%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope for Ishmael sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within KS. Charities of a similar size with the same main cause include Genesee County Association of Fire Chiefs ($134k), Ferndale Golden Eagles Booster Club ($134k) and Stow-Monroe Falls Booster Club ($134k).

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 $683 against liabilities of $155k, net assets of -$154k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.