Human Services
(P46)
IRS Verified
DX Registered
990 on File
FOUNDATION OF HOPE INC
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Foundation of HOPE is an interfaith non-profit with the mission to “Empower incarcerated and released individuals to restore their relationship with their God, rebuild their lives, and reconcile to their communities.”
Financial Overview — FY 2024
$2.1M
Total Revenue
$1.8M
Total Expenses
$586K
Net Assets
40
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.1%
Fundraising Efficiency
N/A
Operating Reserve
3.99x
Liability-to-Asset
9.2%
Revenue Diversification
67.2%
Executive Compensation
$108K
Compared with Peers
FY 2024
Compared with 7,588 similar organizations
(United States, Human Services, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.1% | 85.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.7% | 11.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.2% | 0.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.0 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.2% | 13.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
67.2% | 93.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
7.4% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-17.7% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
14.7% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.1M | $1.8M | $586K | 90.1% | 40 |
| 2023 | $1.9M | $2.1M | $281K | 95.0% | 36 |
| 2022 | $1.2M | $1.7M | $498K | 91.6% | 29 |
| 2021 | $1.6M | $1.3M | N/A | — | 21 |
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