School of Hope Foundation

Analysis

School of Hope Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2017, 9 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, School of Hope Foundation reported income of $989k and spending of $729k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $989k (-28%), an average of -7.7% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, School of Hope Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Friends of Majal Inc ($989k), I-Act ($990k) and Touch of Hope Inc ($988k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $53k (7.2% of expenses). At year end it held assets of $1.6m against liabilities of $12k, net assets of $1.6m. It reported 1 employees.