Hope Alliance

Analysis

Hope Alliance is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in December 1999, 27 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, Hope Alliance reported income of $400k and spending of $345k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $400k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 60% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Alliance 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 67th percentile, and in the 65th percentile within UT. Charities of a similar size with the same main cause include Christian Friends of Israel U S a Inc ($400k), Gimmel Foundation Inc ($400k) and Hawaii Asia-Pacific Institute ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $74k (22% of expenses). Other salaries and wages came to $55k. At year end it held assets of $855k against liabilities of $54k, net assets of $800k. It reported 10 employees.