Hope Water International

Analysis

Hope Water International is a registered charity in United States, based in Rochester HLS, MI. 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, Hope Water International reported income of $318k and spending of $294k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $318k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Water International sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Childhope Network ($318k), Programa Velasco ($318k) and Tom Deierlein Foundation Inc ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $53k (18% of expenses). At year end it held assets of $179k against liabilities of $6,198, net assets of $173k.