Heart of Hope India

Analysis

Heart of Hope India is a registered charity in United States, based in Killbuck, OH. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Heart of Hope India reported income of $300k and spending of $296k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $278k to $300k (+8.0%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Heart of Hope India sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Friends of Michlalah Yerushalayim ($300k), Association of the Apostles of Don Bosco Inc ($300k) and North Louisiana Jewish Federation ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $51k against liabilities of $1,397, net assets of $49k.