Serve Hope International

Analysis

Serve Hope International is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2019, 7 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, Serve Hope International reported income of $1.2m and spending of $889k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $667k to $1.2m (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 70% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Serve Hope International sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Empower Mali ($1.2m), Open Hands ($1.2m) and Resound Corporation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $24k (2.7% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.7m against liabilities of $150k, net assets of $1.6m. It reported 2 employees.