Global Hope Partners

Analysis

Global Hope Partners is a registered charity in United States, based in Bloomingdale, IL. It received its IRS tax-exemption ruling in April 2022, 4 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 March 2024, Global Hope Partners reported income of $617k and spending of $747k, spending 121% of what it took in. Across the 3 years on record, from March 2022 to March 2024, income fell from $714k to $617k (-14%), an average of -7.0% a year. Over the whole period it spent 72% 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 Partners sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Answering the Call Inc ($617k), Hope for Honduras Inc ($617k) and The Apprenticeshop ($616k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (9.5% of expenses). Other salaries and wages came to $92k. At year end it held assets of $559k against liabilities of $3,801, net assets of $555k. It reported 5 employees.