Ray of Hope Inc

Analysis

Ray of Hope Inc is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in July 2018, 8 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, Ray of Hope Inc reported income of $203k and spending of $204k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $337k to $203k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ray of Hope Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OR. Charities of a similar size with the same main cause include Go Near Ministry ($202k), American Women for International Understanding ($203k) and Hope for the World India Inc ($202k).

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 $8,473 against liabilities of $0, net assets of $8,473.