Symphony of Hope International

Analysis

Symphony of Hope International is a registered charity in United States, based in San Leandro, CA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Symphony of Hope International reported income of $257k and spending of $223k, spending 87% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $236k to $257k (+8.9%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Symphony of Hope International sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Goal Employment Services Inc ($257k), Cascade Manor Foundation Inc ($257k) and Beautiful You by Profile ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (63% of expenses). At year end it held assets of $333k against liabilities of $0, net assets of $333k.