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

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Transparency grade

A

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Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating664 of 110471 of 122
Fund acquisition rating794 of 110578 of 122
Resource allocation rating611 of 110583 of 122
Asset utilization rating437 of 110445 of 122

Financial ratios

Funding ratiosSector median20222021202020192018
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 ratiosSector median20222021202020192018
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
5%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 ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.841.031.040.941.211.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.741.211.191.201.061.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.721.251.251.121.281.27
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.0733.6933.4025.9624.6423.47
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.030.030.040.040.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.279.319.3510.279.009.02
 
Solvency ratiosSector median20222021202020192018
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
 
Assets20222021202020192018
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
 
Liabilities20222021202020192018
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 assets20222021202020192018
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
 
Revenue20222021202020192018
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
 
Expenses20222021202020192018
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 assets20222021202020192018
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

NameTitleCompensation
Peter GreerPresident & CEO$176,906
Christopher HorstChief Advancement Officer$135,684
Jesse CaslerChief 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.


Program accomplishments


Needs