Hope Ministries Uganda USA

Analysis

Hope Ministries Uganda USA is a registered charity in United States, based in Hudson, NC. It received its IRS tax-exemption ruling in January 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, Hope Ministries Uganda USA reported income of $345k and spending of $359k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $273k to $345k (+26%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Ministries Uganda USA sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Family Rescue Fund ($344k), Haitian Artisans for Peaceinternational ($345k) and Awake and Alive Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.