Hope Foundation

Analysis

Hope Foundation is a registered charity in United States, based in Clackamas, OR. It received its IRS tax-exemption ruling in March 2000, 26 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 Foundation reported income of $75k and spending of $73k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $141k to $75k (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hope Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OR. Charities of a similar size with the same main cause include Mobility Worldwide North Alabama Inc ($75k), Food for Orphans Inc ($75k) and Portland-Kaohsiung Sister City Association ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $110k against liabilities of $533, net assets of $109k.