Hope 4 Venezuela

Analysis

Hope 4 Venezuela is a registered charity in United States, based in Jordan, MN. It received its IRS tax-exemption ruling in June 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 4 Venezuela reported income of $201k and spending of $182k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $240k to $201k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope 4 Venezuela sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include St James Parish Foundation Inc ($201k), Heart to Heart Inc a Catholic Media Ministry ($201k) and Katartismos Global Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (26% of expenses). At year end it held assets of $65k against liabilities of $0, net assets of $65k. It reported 1 employees.