Chaine de L Espoir USA

Analysis

Chaine de L Espoir USA is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 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, Chaine de L Espoir USA reported income of $2.0m and spending of $1.3m, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $299k to $2.0m (+579%), an average of +161% a year. The sharpest change came in the year to December 2023, when income rose by 1243%. Over the whole period it spent 130% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Chaine de L Espoir USA sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Surface Navy Association ($2.0m), Resolve Uganda Incorporated ($2.0m) and American Friends of the Alliance Israelite Universelle Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $845k in professional fundraising fees. At year end it held assets of $217k against liabilities of $1.5m, net assets of -$1.2m.