Global Hope Inc

Analysis

Global Hope Inc is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in May 1997, 29 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, Global Hope Inc reported income of $709k and spending of $754k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $709k (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 45%. 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, Global Hope Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Ue Research and Education Fund ($708k), Macedonian Outreach ($710k) and Mustard Seed Project ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $125k. At year end it held assets of $255k against liabilities of $720, net assets of $254k. It reported 3 employees.