Hope Walks Inc

Analysis

Hope Walks Inc is a registered charity in United States, based in York Springs, PA. It received its IRS tax-exemption ruling in October 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 June 2024, Hope Walks Inc reported income of $4.0m and spending of $4.1m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $4.0m (+27%), an average of +4.8% a year. The sharpest change came in the year to June 2020, when income dropped by 36%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Walks Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Junior Achievement of Greater St Louis ($4.0m), Intercultural Student Experiences ($4.0m) and Playing for Change Foundation ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $193k (4.7% of expenses). Other salaries and wages came to $635k. At year end it held assets of $2.2m against liabilities of $206k, net assets of $2.0m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.