Hope International Ministries

Analysis

Hope International Ministries is a registered charity in United States, based in Hanceville, AL. It received its IRS tax-exemption ruling in February 2020, 6 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 2023, Hope International Ministries reported income of $206k and spending of $177k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $229k to $206k (-10%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope International Ministries sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AL. Charities of a similar size with the same main cause include Jewish Studies Foundation Inc ($206k), Nyingma Association of Mandala Organizations ($206k) and Bandimere Family Foundation ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.