Is Garden Of Hope Inc Legit?

Quick charity verification for Garden Of Hope Inc (EIN: 200177587)

Verdict: Garden Of Hope Inc appears trustworthy

90/100Mission Score
$2.1MRevenue
$2.7MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Garden Of Hope Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization's revenue has grown significantly from $473,336 in 2014 to $2,483,013 in 2023, indicating strong donor support and program expansion. Assets have also steadily increased, reaching $2,726,370 in 2023, providing a solid financial foundation. The organization consistently reports zero officer compensation, which is a positive indicator of efficient resource allocation and a commitment to directing funds towards its mission. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratio relative to revenue is generally favorable. For instance, in 2023, expenses were $2,104,124 against revenues of $2,483,013, suggesting a significant portion of income is being utilized for operations. The consistent growth in assets and revenue, coupled with low liabilities, points to sound financial management. The absence of reported officer compensation further enhances the perception of transparency and dedication to its mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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