Acres of Hope International Inc

Analysis

Acres of Hope International Inc is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in January 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, Acres of Hope International Inc reported income of $292k and spending of $279k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $292k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 47%. 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, Acres of Hope International Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Solarbuddy Inc ($292k), Heart for Honduras ($292k) and Friends of the Congo ($292k).

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 $107k against liabilities of $0, net assets of $107k.