Hope International Foundation Inc

Analysis

Hope International Foundation Inc is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in November 2011, 15 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 International Foundation Inc reported income of $90k and spending of $287k, spending 319% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $90k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 259% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope International Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Friends of Rule of Law in Ecuador Inc ($90k), Believe in Haiti ($90k) and Fundacion Mama Margarita DB ($90k).

At year end it held assets of -$197k against liabilities of $0, net assets of -$197k.