Hope International 
The information on this page was last updated 5/9/2023. If you see errors or omissions, please email: [email protected]
Summary
We are a group of Christ followers motivated by the Great Commission and the Greatest Commandment to love God, love our neighbor, and make disciples of all nations.
We proclaim and live the Gospel, affirming that we all need daily bread and the Bread of Life. In fighting global poverty, we are confronting one of the greatest challenges of our day in service to an even greater God.
Contact information
Mailing address:
Hope International
227 Granite Run Drive
Suite 250
Lancaster, PA 17601
Website: hopeinternational.org
Phone: 717-464-3220
Email: [email protected]
Organization details
EIN: 232836648
CEO/President: Mr. Peter Greer
Chairman: Jeff Rutt
Board size: 12
Founder: Jeff Rutt
Ruling year: 1997
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2004
Purpose
HOPE believes families in poverty have the God-given talents and skills to provide for their families. In obedience to Christ's command to love our neighbor and make disciples of all nations, HOPE International provides discipleship opportunities, training, a safe place to save, and small loans. We offer these services through two models: Savings groups and microfinance institutions.
Mission statement
To invest in the dreams of families in the world's underserved communities as we proclaim and live the Gospel.
Statement of faith
Rooted in Christ, HOPE adheres to the following statement of faith, adopted from the National Association of Evangelicals.
We believe the Bible to be the inspired, the only infallible, authoritative Word of God.
We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit.
We believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.
We believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential.
We believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.
We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.
We believe in the spiritual unity of believers in our Lord Jesus Christ.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 676 of 1104 | 71 of 122 |
| Fund acquisition rating | | 790 of 1105 | 78 of 122 |
| Resource allocation rating | | 624 of 1105 | 83 of 122 |
| Asset utilization rating | | 454 of 1104 | 45 of 122 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 8% | 10% | 9% | 12% | 12% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 8% | 10% | 9% | 12% | 12% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 100% | 98% | 98% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 6% | 10% | 11% | 11% | 12% | 12% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 0% | 2% | 2% | 0% | 0% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 82% | 79% | 79% | 78% | 78% | 79% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 85% | 91% | 78% | 101% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 67% | 72% | 61% | 79% | 78% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 15% | 9% | 22% | -1% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | 19% | 11% | 27% | -2% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 12% | 10% | 11% | 10% | 9% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.84 | 1.03 | 1.04 | 0.94 | 1.21 | 1.15 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.76 | 1.21 | 1.19 | 1.20 | 1.06 | 1.11 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.77 | 1.25 | 1.25 | 1.12 | 1.28 | 1.27 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.67 | 33.69 | 33.40 | 25.96 | 24.64 | 23.47 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.08 | 9.31 | 9.35 | 10.27 | 9.00 | 9.02 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 4% | 3% | 3% | 4% | 4% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 101% | 93% | 93% | 103% | 79% | 84% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $1,834,814 | $1,078,027 | $640,782 | $856,252 | $372,736 |
| Receivables, inventories, prepaids | $3,234,340 | $3,305,851 | $2,344,882 | $3,773,526 | $3,339,823 |
| Short-term investments | $18,911,373 | $16,114,398 | $15,309,755 | $10,523,081 | $10,425,261 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $23,980,527 | $20,498,276 | $18,295,419 | $15,152,859 | $14,137,820 |
| Long-term investments | $305,709 | $306,015 | $0 | $0 | $0 |
| Fixed assets | $3,360,068 | $3,484,448 | $3,479,236 | $639,932 | $809,124 |
| Other long-term assets | $1,425,095 | $184,980 | $185,141 | $221,812 | $769,366 |
| Total long-term assets | $5,090,872 | $3,975,443 | $3,664,377 | $861,744 | $1,578,490 |
| Total assets | $29,071,399 | $24,473,719 | $21,959,796 | $16,014,603 | $15,716,310 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $711,835 | $613,709 | $704,834 | $614,924 | $602,497 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $711,835 | $613,709 | $704,834 | $614,924 | $602,497 |
| Debt | $0 | $0 | $0 | $0 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $376,931 | $0 | $0 | $5,120 | $5,615 |
| Total long-term liabilities | $376,931 | $0 | $0 | $5,120 | $5,615 |
| Total liabilities | $1,088,766 | $613,709 | $704,834 | $620,044 | $608,112 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $17,071,654 | $18,747,656 | $16,621,076 | $10,860,762 | $10,943,284 |
| With donor restrictions | $10,910,979 | $5,112,354 | $4,633,886 | $4,533,797 | $4,164,914 |
| Net assets | $27,982,633 | $23,860,010 | $21,254,962 | $15,394,559 | $15,108,198 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $35,387,341 | $27,552,397 | $25,786,704 | $19,221,286 | $18,193,260 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $462,383 | $428,249 | $605,977 | $285,111 | $259,959 |
| Other revenue | ($608,800) | $131,954 | ($37,317) | ($370,652) | ($274,242) |
| Total other revenue | ($146,417) | $560,203 | $568,660 | ($85,541) | ($14,283) |
| Total revenue | $35,240,924 | $28,112,600 | $26,355,364 | $19,135,745 | $18,178,977 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $23,589,228 | $20,106,109 | $15,973,745 | $15,172,934 | $14,185,000 |
| Management and general | $3,488,744 | $2,662,441 | $2,275,438 | $1,975,786 | $1,605,001 |
| Fundraising | $2,912,713 | $2,757,965 | $2,311,855 | $2,229,719 | $2,223,790 |
| Total expenses | $29,990,685 | $25,526,515 | $20,561,038 | $19,378,439 | $18,013,791 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | $5,250,239 | $2,586,085 | $5,794,326 | ($242,694) | $165,186 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $5,250,239 | $2,586,085 | $5,794,326 | ($242,694) | $165,186 |
Compensation
| Name | Title | Compensation |
| Peter Greer | President & CEO | $176,906 |
| Christopher Horst | Chief Advancement Officer | $135,684 |
| Jesse Casler | Chief Operating Officer | $111,950 |
Compensation data as of: 12/31/2022
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/9/2023. To update the information below, please email: [email protected]
History
Following the fall of the Soviet Union in Ukraine in the early 1990s, Jeff Rutt, a Lancaster, Pennsylvania-based homebuilder, traveled to Ukraine numerous times with his church, transporting containers of food, clothing, and medical supplies to the city of Zaporozhye.
After several of these visits, a local pastor pulled Jeff aside and told him honestly that the shipments were not helping. Instead of handouts, the pastor felt that his community needed a hand up.
Though people were accessing needed supplies, they had become dependent on American charity. In addition, local businesses could not compete with the free handouts. The well-intentioned aid shipments were actually doing more harm than good by depressing local industry and initiative.
Jeff returned from the trip with a strong drive to find a solution. He plunged into research and eventually discovered the concept of economic development, then a little-known poverty alleviation strategy.
Peter Greer, HOPE's current president, joined HOPE in 2004, ushering in a period of strategic growth and increased public awareness. Under Peter's leadership, HOPE has grown to serve in 16 countries around the world.