Giving Children Hope

Analysis

Giving Children Hope is a registered charity in United States, based in Buena Park, CA. It received its IRS tax-exemption ruling in July 1982, 44 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 June 2023, Giving Children Hope reported income of $29.9m and spending of $30.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.3m to $29.9m (+55%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Giving Children Hope sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Root Capital Inc ($29.1m), Asia Society ($30.4m) and Abrahams Blessing ($28.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $276k (0.9% of expenses). Other salaries and wages came to $842k. At year end it held assets of $4.6m against liabilities of $2.7m, net assets of $1.9m. It reported 29 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.