Project Hope Ministries

Analysis

Project Hope Ministries is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in August 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 February 2024, Project Hope Ministries reported income of $94k and spending of $96k, spending 102% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $85k to $94k (+9.8%), an average of +2.4% a year. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Hope Ministries sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Will Go Inc ($94k), Asociacion Venezolano Americana de Amistad-Incorporated ($94k) and Neighbors Near and Far Inc ($94k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 54% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $12k (13% of expenses). At year end it held assets of $69k against liabilities of $0, net assets of $69k. It reported 1 employees.