Charity Search / HOPE OF EVANSVILLE INC
Housing & Shelter (L82) 990 on File

HOPE OF EVANSVILLE INC

EIN: 35-6075575 · EVANSVILLE, IN 47711-5054 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$2.9M
Total Revenue
$770K
Total Expenses
$3.5M
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 68.9%
Fundraising Efficiency 324.1%
Operating Reserve 54.07x
Liability-to-Asset 9.4%
Revenue Diversification 90.8%
Executive Compensation $75K
Compared with Peers
FY 2024
Compared with 5,473 similar organizations (United States, Housing & Shelter, $100K–$1M 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
68.9% 87.3%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
25.5% 11.7%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
5.6% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
324.1% 18.8%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
54.1 mo 13.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
9.4% 25.2%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
90.8% 91.7%
P10P90
Above median
Revenue growth
Year over year revenue growth
306.8% 5.0%
P10P90
Expense growth
Year over year expense growth
-6.0% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
73.2% -6.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.9M $770K $3.5M 68.9% 9
2023 $707K $819K $1.4M 69.5% 7
2022 $850K $817K $1.5M 72.8% 7
2021 $551K $625K N/A 7
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Organization Details
EIN
35-6075575
State
IN
City
EVANSVILLE
ZIP
47711-5054
Classification
L82
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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