Overview
What is Hope For India Inc?
Hope For India Inc is a nonprofit organization situated in Charlotte, North Carolina. Their primary mission is to support indigenous ministries in India committed to spreading the teachings of Jesus Christ. They accomplish this by funding research, conducting due diligence, and identifying strategic ministry partners with capital needs to help them achieve their objectives. The organization acts as a bridge, connecting various organizations, churches, foundations, and individuals with ministry projects in India. Through these efforts, Hope For India Inc distributes funds to properly vetted Christian organizations in India, enabling them to introduce local residents to Jesus through handouts or spoken word.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
Hope For India Inc has achieved an overall score of 86%, reflecting strong accountability and financial health. The organization has a fully independent board, which demonstrates a commitment to governance best practices. Their financial statements are thoroughly reviewed, and they have no reported issues with asset diversion, indicating transparency in their operations.
The organization excels in its program expense ratio, with 89.41% of its expenses dedicated to its charitable programs. This suggests that a significant majority of their funds are directed toward impactful work rather than administrative costs. The presence of a whistleblower policy and documented board meeting minutes further supports their accountability practices.
While the rating is positive, it is important for potential donors and stakeholders to consider the impact of their programs and how effectively they achieve their mission beyond the financial metrics alone. Overall, Hope For India Inc demonstrates a solid financial foundation and governance structure, making them a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Hope For India Inc legitimate?
Hope For India Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope For India Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $5,000
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hope For India Inc?
Hope for India Inc's mission is centered around providing resources to indigenous ministries in India, who are dedicated to fulfilling Jesus Christ's Great Commission. The organization carries out this mission by funding research, performing due diligence, and identifying strategic ministry partners with capital needs. By acting as a catalyst, it connects various organizations, churches, foundations, and individuals with ministry projects in India, aiming to aid these partners in achieving their goals.
Who is the CEO of Hope For India Inc?
Larry Reed is the Chairman of Hope For India Inc.
What is the revenue of Hope For India Inc?
Hope For India Inc's revenue in 2023 was $629,955.
Who are the executives of Hope For India Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Hope For India Inc?
Hope For India Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hope For India Inc
Hope For India Inc is dedicated to providing resources to indigenous ministries in India, whose primary goal is to fulfill the Great Commission of Jesus Christ. The organization serves as a catalyst, connecting various organizations, churches, foundations, and individuals with ministry projects in India. It funds research, performs due diligence, and identifies strategic ministry partners who have capital needs, thereby aiding them in achieving their objectives. Hope For India Inc's mission is to facilitate and support these indigenous ministries in their mission to spread the teachings of Jesus Christ in India.
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Impact
July, 2024
Hope For India Inc has made a significant impact by providing resources to indigenous ministries in India that are dedicated to fulfilling the Great Commission of Jesus Christ. Through funding research, performing due diligence, and identifying strategic ministry partners with capital needs, the organization serves as a catalyst for connecting various entities with ministry projects in India. The funds received are distributed to properly vetted Christian organizations in India, enabling them to reach local residents with the message of Jesus through paper handouts or spoken word. This impactful work helps spread the teachings of Christianity and support the spiritual growth of individuals in India.
This information is meant to be a general summary of Hope For India Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $629,955
Assets and Liabilities:
- Total Assets: $417,858
- Total Liabilities: $68,853
- Net Assets: $349,005
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Organization Details
Founding Year
2014
Phone
(704) 618-7132Principal Officer
Larry Reed
Main Address
9935-D Rea Rd 201, Charlotte, NC, 28277
NTEE Category
Code: Q33 - International
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