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. HOPE runs 54 projects in 16 countries across the Americas, Africa, South Asia, and Southeast Asia. In F2020, HOPE reports that it helped 820,338 people through global development projects.

HOPE International Development Agency runs three main programs. These include 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 programs aim to provide clean water to areas with limited water access and train locals in water management and maintenance. Its health initiatives help people, especially mothers and children, learn to prevent disease and maintain good health. In F2020, HOPE states that it reached 774,400 people through 33 water and health projects. In response to the covid-19 pandemic, it gave out 75 tons of medical supplies, such as personal protective equipment (PPE), medications, bandages, and surgical tools. It also built latrines and provided hygiene supplies for 6,478 people during the year.

The charity’s Food Security and Nutrition programs aim to help communities grow and harvest their own 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 F2020, HOPE reached 37,031 people through 20 food initiatives. It also distributed 27,562 kg of emergency food relief during the year.

HOPE’s Livelihood and Learning programs focus on helping people access education and job opportunities. The charity also runs programs that focus on helping women gain new skills and receive loans to start their own businesses. In F2020, HOPE states that it reached 8,907 people through 31 projects. It also built four new school rooms in three communities, helping 163 students.

HOPE International Development Agency received $4.5m in donations in F2020. It also received $6.7m in donated goods and medical supplies (56% of revenues) and $747k in government funding (6% of revenues). Administrative costs are 9% of revenues and fundraising costs are 12% of donations. This results in total overhead spending of 21%. For every dollar donated to the charity, 79 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

HOPE has $4.4m in funding reserves. Excluding donated goods, the charity can cover around 1.4 years of annual program costs. HOPE’s program cost coverage ratio spiked in F2020 due to a 210% increase in cash. During the year, it received $2.4m in proceeds from the sale of buildings and capital assets.

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

Updated on June 7, 2021 by Eric Zhao.