Collective Hope

Analysis

Collective Hope is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in September 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, Collective Hope reported income of $183k and spending of $166k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $183k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. 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, Collective Hope sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within AZ. Charities of a similar size with the same main cause include USA for Nature Power Foundation ($183k), Magar Association USA Inc ($183k) and Y-Knot Missions ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. At year end it held assets of $87k against liabilities of $478, net assets of $87k.