Graceworks Hope Network for Children International

Analysis

Graceworks Hope Network for Children International is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in January 2008, 18 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, Graceworks Hope Network for Children International reported income of $288k and spending of $210k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $198k to $288k (+46%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Graceworks Hope Network for Children International sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Maple Microdevelopment ($288k), Nazdeek Inc ($288k) and Denan Project Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $18k. At year end it held assets of $612k against liabilities of $0, net assets of $612k. It reported 1 employees.