Hope Academy International Inc

Analysis

Hope Academy International Inc is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hope Academy International Inc reported income of $97k and spending of $77k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $97k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Academy International Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Trojan Boosters Club ($97k), Powers Community Scholarship Fund ($97k) and Harris County High Note Club Parent Organization Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.