Hope International Development Agency is a 3-star charity. It has a B+ Results Reporting grade, which is above average. For every dollar donated to the charity, 93 cents are available to go to the cause, which is within Ci's reasonable range.

Founded in 1975, HOPE International Development Agency (HOPE) aims to promote global development by working with local partners to provide clean water, food, and jobs. It focuses on helping people escape poverty by gaining skills and becoming self-sufficient. In 2023, HOPE ran 42 projects across 15 countries. HOPE’s 23 partners reached 673 communities. In 2023, HOPE reached 886,708 people.

HOPE International Development Agency runs three main programs: Clean Water and Health, Food Security and Nutrition, and Livelihood and Learning. The charity does not provide a spending breakdown for its programs.

HOPE’s Clean Water and Health program provides clean water to areas with limited water access and trains locals in water management and maintenance. Its health initiatives help people to learn to prevent disease and maintain good health. In 2023, HOPE reached 765,037 people, of which, 748,140 were in its health program and 16,897 were in its clean water program. In 2023, the charity ran 16 programs across 11 countries that reached 438 communities.

The charity’s Food Security and Nutrition program helps communities grow and harvest nutritious food. These programs train local people on sustainable farming practices and nutrition. HOPE also provides food relief to people facing emergencies and natural disasters. In 2023, HOPE reached 81,400 people, of which 54,360 were long-term food secure and 27,040 were short-term food secure. The charity ran 19 programs across 11 countries that reached 388 communities. Of the 388 communities, 201 are long-term food secure, while 187 are short-term food secure.

HOPE’s Livelihood and Learning program helps people access education and job opportunities. The charity also runs programs that help women gain new skills and receive loans to start businesses. HOPE’s goal is to increase female’s financial freedom and ability to affect household decisions. In 2023, HOPE reached 5,025 people, of which 2,006 were women in self-help groups and 3,019 were children in school. The charity ran 30 programs across 12 countries that reached 56 communities (22 gender equity, 34 education). In 2023, HOPE provided 59,040 school lunches to children. HOPE states that it takes women six months in self-help groups to generate more income and double their savings.

HOPE International Development Agency received $3.3m in donations in 2023 and $7.0m in donated goods in kind (57% of revenue). HOPE spent $7.6m on its programs, which is 144% of revenue (excluding donated goods). In 2023, HOPE recorded a deficit of $3.2m, which means the charity drew on its reserves to fund its programs.

Ci uses the charity’s T3010 filing to report fundraising costs, as HOPE’s audited financial statements do not disclose fundraising costs. The charity’s 2023 T3010 is not yet available. As such, Ci could only report on administrative costs. Overhead spending is likely understated. Administrative costs are 7% of revenue (excluding investment income). For every dollar donated to the charity, 93 cents are available to go to the cause, which is within Ci’s reasonable range.

HOPE has $3.6m in reserve funds (cash and investments), which can cover 48% or six months of its annual program costs. This indicates a need for funding.

Charity Intelligence has sent this update to HOPE International Development Agency for review. Changes and edits may be forthcoming.

Updated on June 20, 2024 by Liam Chapleau.