Community of Hope International

Analysis

Community of Hope International is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community of Hope International reported income of $292k and spending of $226k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $292k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community of Hope International sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within UT. Charities of a similar size with the same main cause include Lunches for Learning Incorporated ($292k), Ashas Refuge ($292k) and Greater Boston Real Estate Board Foundation ($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 $67k against liabilities of $20, net assets of $67k.