Operation Hope Inc

Analysis

Operation Hope Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Operation Hope Inc reported income of $37.6m and spending of $39.7m, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $18.7m to $37.6m (+101%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Hope Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include United Community and Family Services Inc ($37.6m), Community Nursing Service ($37.7m) and Institute for Building Technology and Safety ($37.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $3.5m (8.8% of expenses). Other salaries and wages came to $21.5m. At year end it held assets of $41.7m against liabilities of $7.3m, net assets of $34.5m. It reported 429 employees.