Hatikva Project US Inc

Analysis

Hatikva Project US Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in June 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, Hatikva Project US Inc reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hatikva Project US Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within KS. Charities of a similar size with the same main cause include African Leadership Inc ($1.4m), 360serve ($1.4m) and Global Paint for Charity Inc ($1.4m).

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 $21k (1.7% of expenses). At year end it held assets of $212k against liabilities of $84, net assets of $212k. It reported 1 employees.