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CHARITY REVIEW
Issued: February 2026 Expires: February 2028

Many Hopes

Accredited Charity
Accredited Charity

Meets Standards
(848) 278-7245
Post Office Box 156
New York, NY, 10108
https://manyhopes.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Many Hopes meets the 20 Standards for Charity Accountability.

Complaints

Number of complaints processed by the BBB in the last 36 months: 1

The organization addressed the complaint issues brought to its attention: 1

(This complaint involved monthly donation cancellation).

Stated Purpose:
"to rescue children from injustice (trafficking, slavery, sexual abuse, abandonment) and equip them to be adults who can rescue others, so your impact never stops."

Year, State Incorporated:
2007, MA

Many Hopes reports that it works to help sustain, enhance and develop the resources, programs, and future expansion of organizations around the world that are rescuing, educating, and advocating for orphaned, abandoned, abused, or enslaved children. The organization works to generate public awareness of, and funds for, the organizations, schools, orphanages, and child rescue and rehabilitation programs and capital projects. Many Hopes currently partners with local leaders in six countries across Africa and Latin America.

For the year ended December 31, 2023, Many Hopes's program expenses were:

Program services $3,222,799
Total Program Expenses $3,222,799

Chief Executive
Thomas Keown, Founder and Chief Executive Officer

Compensation*
$133,452

Chair of the Board
Bo Han

Chair's Profession / Business Affiliation
Chief Commercial Officer, Transmit

Board Size
8

Paid Staff Size
9

*2024 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Membership appeals

Fundraising costs were 25% of related contributions. (Related contributions, which totaled $3,027,790, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Many Hopes's audited financial statements for the year ended December 31, 2023.

Source of Funds
Contributions $3,027,790
Investment income $33,984
Realized and unrealized gain from investments, net $33,278
Total Income $3,095,052

Programs: 73% Fundraising: 17% Administrative: 10%

Total Income $3,095,052
Total expenses: $4,414,989
  Program expenses $3,222,799
  Fundraising expenses $745,190
  Administrative expenses $447,000
  Other expenses $0
Income in Excess of Expenses $-1,319,937
Beginning Net Assets $2,980,425
Other Changes In Net Assets $0
Ending Net Assets $1,660,488
Total Liabilities $20,000
Total Assets $1,680,488

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance