Hands of Hope

Analysis

Hands of Hope is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hands of Hope reported income of $600k and spending of $794k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $692k to $600k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hands of Hope sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Assembly of Muslim Jurists in North America & Europe Inc ($600k), Ahu Global Inc ($601k) and Bride Ministries Inc ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.