HOPE International Development Agency

214 Sixth Street
New Westminster , BC V3L 3A2
Executive Director: Kim Savage
International President: David S. McKenzie

Charitable Reg. #:10749 0146 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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FINANCIAL TRANSPARENCY

Audited financial statements available only upon request.

C+

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

86%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 86 cents are available for programs.



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Programs

About HOPE International Development Agency:

Founded in 1975, HOPE International Development Agency's (HOPE) mission is “to improve the supply of basic human necessities for the neediest of the developing world through self-help activities, and to challenge, educate, and involve people in the developed world regarding development issues.” HOPE works on over 60 initiatives in 20 countries in the Americas, South East Asia, South Asia and Africa. Its work primarily focuses on providing clean water, sustainable food supplies, health services, education and skills, and improved income to the poor. HOPE’s strategy assesses needs in each community it works with and enables these communities to do the work themselves. 

HOPE’s water program aims to provide clean water to people with scarce or contaminated access to water. The charity’s food program aims to help families grow nutritious food in a sustainable manner, while earning extra income on the sale of surplus harvest. Its health program aims to help people, especially mothers and children, learn to reduce sickness and maintain good health. HOPE’s learning program aims to help people escape poverty and become self-reliant through education and skills training. Finally, its income program aims to provide people with low-interest loans in order to earn enough income to become self-reliant. 

In F2018, HOPE reported that it helped more than 665,000 people in 18 countries: 341,000 people in the Americas (51%) including Haiti, Dominican Republic, Honduras, Guatemala, and Peru; 188,000 people in South Asia (28%) including Afghanistan, Pakistan, Nepal, Bangladesh, India, and Sri Lanka; 70,000 people in South East Asia (11%) including Myanmar, Cambodia, and Philippine; and 66,000 people in Africa (9%) including Ethiopia, South Sudan, Democratic Republic of Congo, and South Africa. 

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Results and Impact

604-525-5481 

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Finances

HOPE International Development Agency is a medium-sized charity, receiving donations of $6.3m in F2018. The majority of the charity’s revenues are donated goods-in-kind, making up 69% of total revenues of $20.5m in F0218. HOPE does not report its fundraising costs on its audited financial statements. The fundraising amount reported in the charity’s T3010 was used in this analysis. For F2018, the charity’s administrative costs were 6% of revenues, and fundraising costs were 8% of donations. For every dollar donated to the charity, 86 cents go towards its programs, which is within Ci's reasonable range for overhead spending. HOPE’s funding reserves of $1.6m result in a program cost coverage ratio of 9% in 2018. This means that the charity can fund 1 month of annual program costs using existing reserves. 

This charity report is an update that was sent to HOPE International Development Agency for review. Changes and edits may be forthcoming. 

Updated on July 4, 2019 by Caroline McKenna. 

Financial Review


Financial Ratios

Fiscal year ending December
201820172016
Administrative costs as % of revenues 5.9%5.3%5.4%
Fundraising costs as % of donations 8.4%21.8%20.1%
Program cost coverage (%) 8.7%11.3%11.2%

Summary Financial Statements

All figures in $000s
201820172016
Donations 6,2886,8486,912
Goods in kind 14,11915,06712,240
Government funding 8695609
Other income 231418
Total revenues 20,51522,02319,780
Program costs - International 17,43017,93516,351
Program costs - Canada 1,2151,1381,053
Administrative costs 1,2031,1651,067
Fundraising costs 5311,4951,392
Total spending 20,37921,73319,863
Cash flow from operations 136290(84)
Capital spending 869
Funding reserves 1,6132,1471,942

Note: Ci has used the fundraising costs reported on the charity’s T3010, and has deducted the fundraising costs from the charity’s international programs. The charity’s 2018 T3010 filing reports fundraising costs of $531k, which is different from the 2018 financial statements that report “Information to and education of Canadian public” costs of $1.215m. Furthermore, in the 2018 annual report the charity reports combined administrative and fundraising costs of $755k.   Ci has adjusted for amortization, affecting expenses by ($11k) in F2018, ($12k) in F2017, and ($15k) in F2016.  

Salary Information

Full-time staff: 14

Avg. Compensation $74,597

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
2
$40k - $80k
7
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.hope-international.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 1-866-525-HOPE (4673) 

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