Hope International

The information on this page was last updated 7/11/2022. If you see errors or omissions, please email: info@ministrywatch.com


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: info@hopeinternational.org


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 rating549 of 103145 of 77
Fund acquisition rating661 of 103350 of 77
Resource allocation rating579 of 103347 of 77
Asset utilization rating383 of 103133 of 77

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%9%12%12%12%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%9%12%12%12%11%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
79%98%100%100%100%101%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%11%12%12%12%11%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
21%2%0%0%0%-1%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%78%78%79%79%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%78%101%99%95%99%
Program output ratio Program output ratio =
Program services /
Total revenue
69%61%79%78%75%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%22%-1%1%5%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
13%27%-2%1%6%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%11%10%9%8%7%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.800.941.211.151.031.03
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.131.201.061.111.101.16
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.121.281.271.141.20
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
11.3025.9624.6423.4724.9225.85
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.040.040.040.040.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.2510.279.009.0210.139.65
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%3%4%4%4%5%
Debt ratio Debt ratio =
Debt /
Total assets
2%0%0%0%0%2%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
102%103%79%84%93%91%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$640,782$856,252$372,736$792,521$1,382,348
Receivables, inventories, prepaids$2,344,882$3,773,526$3,339,823$3,165,621$3,120,823
Short-term investments$15,309,755$10,523,081$10,425,261$10,295,263$8,853,227
Other current assets$0$0$0$0$0
Total current assets$18,295,419$15,152,859$14,137,820$14,253,405$13,356,398
Long-term investments$0$0$0$0$0
Fixed assets$3,479,236$639,932$809,124$896,877$647,570
Other long-term assets$185,141$221,812$769,366$539,061$1,445,554
Total long-term assets$3,664,377$861,744$1,578,490$1,435,938$2,093,124
Total assets$21,959,796$16,014,603$15,716,310$15,689,343$15,449,522
 
Liabilities20202019201820172016
Payables and accrued expenses$704,834$614,924$602,497$571,987$516,613
Other current liabilities$0$0$0$0$0
Total current liabilities$704,834$614,924$602,497$571,987$516,613
Debt$0$0$0$0$322,270
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$5,120$5,615$4,295$4,545
Total long-term liabilities$0$5,120$5,615$4,295$326,815
Total liabilities$704,834$620,044$608,112$576,282$843,428
 
Net assets20202019201820172016
Without donor restrictions$16,621,076$10,860,762$10,943,284$11,495,989$12,126,896
With donor restrictions$4,633,886$4,533,797$4,164,914$3,617,072$2,479,198
Net assets$21,254,962$15,394,559$15,108,198$15,113,061$14,606,094
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$25,786,704$19,221,286$18,193,260$16,974,452$16,342,109
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$605,977$285,111$259,959$183,679$202,207
Other revenue($37,317)($370,652)($274,242)($114,415)($344,087)
Total other revenue$568,660($85,541)($14,283)$69,264($141,880)
Total revenue$26,355,364$19,135,745$18,178,977$17,043,716$16,200,229
 
Expenses20202019201820172016
Program services$15,973,745$15,172,934$14,185,000$12,824,495$13,037,463
Management and general$2,275,438$1,975,786$1,605,001$1,376,110$1,105,393
Fundraising$2,311,855$2,229,719$2,223,790$2,007,206$1,824,402
Total expenses$20,561,038$19,378,439$18,013,791$16,207,811$15,967,258
 
Change in net assets20202019201820172016
Surplus (deficit)$5,794,326($242,694)$165,186$835,905$232,971
Other changes in net assets$0$0$0$0$0
Total change in net assets$5,794,326($242,694)$165,186$835,905$232,971

Compensation

NameTitleCompensation
Peter GreerPresident & CEO$173,388
Christopher HorstChief Advancement Officer$129,235
Jesse CaslerChief Operating Officer$104,375

Compensation data as of: 12/31/2020


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 7/11/2022. To update the information below, please email: info@ministrywatch.com


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