Hope International

Analysis

Hope International is a registered charity in United States, based in Marshall, NC. It received its IRS tax-exemption ruling in November 1988, 38 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Hope International reported income of $352k and spending of $502k, spending 142% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $475k to $352k (-26%), an average of -9.5% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope International sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Halifax Regional Development Foundation Inc ($352k), Hope Missions of the Upstate ($352k) and In Yahshuas Name Inc ($352k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 35% of the total. Compensation of current officers, directors and key employees was $83k (17% of expenses). Other salaries and wages came to $70k. At year end it held assets of $2.3m against liabilities of $36k, net assets of $2.2m. It reported 4 employees.