Applied Hope Foundation

Analysis

Applied Hope Foundation is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in June 2021, 5 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, Applied Hope Foundation reported income of $105k and spending of $151k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $105k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 129% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Applied Hope Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Rakham International Missions Inc ($105k), Institute for Asian Democracy ($106k) and Rotary Club of Novi Foundation Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.