Equator Hope Foundation

Analysis

Equator Hope Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 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, Equator Hope Foundation reported income of $153k and spending of $118k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $153k (+119%), an average of +119% a year. The sharpest change came in the year to December 2023, when income rose by 119%. 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, Equator Hope Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Project Allahu Akbar Inc ($153k), Fields of Abundance Mission ($153k) and Pathways to Prosperity Inc ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $230k against liabilities of $0, net assets of $230k.