Public & Societal Benefit
(W12)
IRS Verified
DX Registered
990 on File
HOPE IN THE AIR
Financial strength (30%)
42/100
Reliability (20%)
45/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
For the past decade, Hope in the Air has supported programs that provide comfort, connection, and hope to children, families, and patients facing life’s most difficult challenges throughout our community.
Financial Overview — FY 2024
$144K
Total Revenue
$144K
Total Expenses
$1K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
97.6%
Fundraising Efficiency
356.1%
Operating Reserve
0.11x
Liability-to-Asset
N/A
Revenue Diversification
119.5%
Compared with Peers
FY 2024
Compared with 1,513 similar organizations
(United States, Public & Societal Benefit, $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
|
97.6% | 85.7% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
356.1% | 9.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.1 mo | 8.5 mo |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
119.5% | 97.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-4.8% | 9.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.1% | 11.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.1% | 2.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $144K | $144K | $1K | 97.6% | — |
| 2023 | $151K | $152K | $1K | 97.8% | — |
| 2022 | $132K | $230K | $1K | 98.5% | — |
| 2021 | $225K | $84K | N/A | — | 1 |
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