Hope Grows International Inc

Analysis

Hope Grows International Inc is a registered charity in United States, based in Callahan, FL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Hope Grows International Inc reported income of $69k and spending of $76k, spending 111% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $71k to $69k (-3.5%), an average of -1.8% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope Grows International Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include International Adventure Ministries Inc ($69k), MTC Ministry ($69k) and Jewish Alumni Association Inc ($69k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $8,970 against liabilities of $819, net assets of $8,151. It reported 1 employees.