Brook of Hope Inc

Analysis

Brook of Hope Inc is a registered charity in United States, based in North Royalton, OH. It received its IRS tax-exemption ruling in July 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, Brook of Hope Inc reported income of $421k and spending of $343k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $226k to $421k (+87%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 378%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Brook of Hope Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include American Mandarin Society ($421k), Ayiti Community Trust Inc ($422k) and The American Academic Research Institute in Iraq ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.