Ray Of Hope International Foundation Inc is located in Wayne, PA. The organization was established in 2011. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ray Of Hope International Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Ray Of Hope International Foundation Inc generated $69.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $56.2k during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
AS PER SUPPORTING STATEMENT ENCLOSED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hemang Desai VP & Treasurer | 5 | $0 | |
Anwesha Dutta President | 5 | $0 | |
Sumit Gulati Secretary | 2 | $0 | |
Mathangi Dandapani Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $63,422 |
Total Program Service Revenue | $6,390 |
Membership dues | $0 |
Investment income | $65 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $69,877 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $572 |
Total expenses | $56,183 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,212 |
Other assets | $0 |
Total assets | $54,212 |
Total liabilities | $0 |
Net assets or fund balances | $54,212 |
Over the last fiscal year, we have identified 2 grants that Ray Of Hope International Foundation Inc has recieved totaling $206.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
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