Hope for the Hopeless Organization H20

Analysis

Hope for the Hopeless Organization H20 is a registered charity in United States, based in Sioux Falls, SD. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope for the Hopeless Organization H20 reported income of $79k and spending of $76k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $79k (-7.6%), an average of -7.6% a year. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope for the Hopeless Organization H20 sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 25th percentile within SD. Charities of a similar size with the same main cause include Mentoring for Christ-Centered Homes ($79k), Himalayan Hope Charitable Foundation ($79k) and Calvary Chapel English Service Lima Mission Support Co Inc ($79k).

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 $11k against liabilities of $0, net assets of $11k.