Jsim Hope Foundation

Analysis

Jsim Hope Foundation is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in December 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, Jsim Hope Foundation reported income of $74k and spending of $93k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $74k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Jsim Hope Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include United Aid Foundation ($74k), Creative Learning Adventures ($74k) and No Greater Commission Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.