Missions of Hope International

Analysis

Missions of Hope International is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2021, 5 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, Missions of Hope International reported income of $16.1m and spending of $16.1m, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $11.1m to $16.1m (+45%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Missions of Hope International sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Luis Palau Association ($16.1m), Mission Eurasia ($16.4m) and Partnership for Southern Equity ($16.0m).

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 $98k (0.6% of expenses). Other salaries and wages came to $382k. It paid $92k in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $42k, net assets of $2.2m. It reported 14 employees.