Global Hope

Analysis

Global Hope is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in September 2020, 6 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 reported income of $348k and spending of $448k, spending 129% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $170k to $348k (+105%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 412%. Over the whole period it spent 113% 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 sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Kudvumisa Foundation USA Inc ($348k), Global Charitable Resources Inc ($348k) and Love Mercy Inc ($348k).

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 $113k (25% of expenses). At year end it held assets of $2.0m against liabilities of $701k, net assets of $1.3m. It reported 1 employees.