Restoring Hope Nepal
Analysis
Restoring Hope Nepal is a registered charity in United States, based in Victor, MT. 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 December 2023, Restoring Hope Nepal reported income of $481k and spending of $408k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $510k to $481k (-5.7%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 99% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Restoring Hope Nepal sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MT. Charities of a similar size with the same main cause include Gabriel Project Mumbai ($480k), Voice Vietnamese Overseas Initiative Conscience Empowerment ($481k) and Romanian Childrens Relief Inc ($480k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (8.7% of expenses). At year end it held assets of $103k against liabilities of $6,361, net assets of $96k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gabriel Project Mumbai | Bergenfield | $480k |
| Voice Vietnamese Overseas Initiative Conscience Empowerment | Long Beach | $481k |
| Romanian Childrens Relief Inc | Cape Coral | $480k |
| Ananda Marga Inc | Rockville | $481k |