Shared Hope for Orphans Worldwide

Analysis

Shared Hope for Orphans Worldwide is a registered charity in United States, based in Grove City, PA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shared Hope for Orphans Worldwide reported income of $108k and spending of $113k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $108k (-5.5%), an average of -5.5% a year. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Shared Hope for Orphans Worldwide 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 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Centro Cristiano de Vida ($108k), Hartford Lions Soccer Academy Inc ($108k) and Adelante Youth Alliance ($108k).

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 $11k against liabilities of $0, net assets of $11k.