Hope Connecting Hearts Nigeria Inc

Analysis

Hope Connecting Hearts Nigeria Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in August 2013, 13 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, Hope Connecting Hearts Nigeria Inc reported income of $206k and spending of $243k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $206k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Connecting Hearts Nigeria Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NE. Charities of a similar size with the same main cause include Capacitar Inc ($206k), Partners in Development Ltd ($206k) and American Friends of Hakav Hameached Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $641k against liabilities of $0, net assets of $641k.