- Inexpensive fundraising expenses
- 95.4 percent revenue used in program delivery
- Awards for charitable work
As information about Project HOPE's annual revenue for past years is not published on its site, BestCompany.com uses figures for past years which was reported by Charity Navigator in its analysis of Project HOPE. All figures reported are for Project HOPE's fiscal years which end on June 30.
Charity Navigator reported that Project HOPE used 2.9 percent of its annual revenue for the fiscal year ending on June 30, 2015 for fundraising.
According to Charity Navigator, an independent charity watchdog organization, Project HOPE used 95.4 percent of its revenue in program delivery for the fiscal year ending on June 30, 2015. Most charity watchdog organizations look for at least 70 percent of an organization's revenue being used for program delivery, which represents responsible fiscal management. Most charitable organizations reviewed by BestCompany.com allocate 80 to 90 percent of their revenue for program delivery. There are only a few which are able to report that over 90 percent of its revenue is used for program delivery.
Unusual is the fact that Project HOPE has not been the target of investigations, inquiries, scandals, or controversies. The organization has maintained a history without having its name marred by allegations of improprieties.
There are look-alike charities which are also called Project Hope (lowercase), or another similar variation of the name, both in the United States and China which have had some negative press, but Project HOPE is free from such.
Scandals of Charities Overvaluing In-Kind Gifts
Through the past decade, there have been multiple investigations which have shown that some charitable organizations have inflated the value of in kind gifts, particularly medications. By inflating the value of in kind donations, organizations are able to declare larger annual revenue in order to appear more successful, solicit higher donations, rank higher from charity watchdog sites by having the appearance of a more effective percentage of revenue being used for program delivery, and justify higher executive salaries, etc.
Project HOPE is one of the few medical charitable organizations which publicly states how it prices its in kind donations of medication. Project HOPE uses pricing from the pharmaceutical industry-accepted Red Book, published by Thomson Reuters to value in kind donations of medications with the average wholesale price.
Project HOPE supplied medication to Food for the Hungry for one of its programs, which was then greatly inflated by Food for the Hungry. The IRS then directed Food for the Hungry to amend its tax return to reflect this manipulation. Project HOPE has not been implicated in the investigations.
Donors or interested parties may receive communication from Project HOPE via email newsletter or its active social media accounts, which include: Facebook, Twitter, Instagram, Pinterest, and YouTube. Project HOPE regularly issues press releases or publishes in its blogs and newsroom, which give additional insights into the organization and its mission delivery. Donors can expect to receive frequent postal mailings soliciting donations from Project HOPE.
Project HOPE awards internal awards to its supporters and volunteers for their work. In addition to these internal awards, the organization has been recognized for its efforts in improving the health and well being of the world's population. The most prestigious recognition in recent years came from the government of Sierra Leone in December 2015. Project HOPE was given a silver medal to recognize the organization's work in Sierra Leone during the latest Ebola health crisis in the country. Project HOPE was one of 100 individuals and organizations recognized by the country's president, Ernest Koroma.