Quick charity verification for Gathering Hope House (EIN: 200550847)
Verdict: Gathering Hope House appears trustworthy
90/100Mission Score
$701KRevenue
$407KAssets
1Red Flags
4Strengths
Red Flags
Occasional deficit spending, such as in 202306 where expenses ($409,163) exceeded revenue ($297,176).
Strengths
Consistent 0% officer compensation across all 14 filings, demonstrating strong financial ethics and mission focus.
Long operational history with 14 IRS 990 filings, indicating stability and experience.
Positive financial rebound in 202406 with a significant surplus ($491,018 revenue vs. $420,933 expenses).
Growing assets, reaching $221,587 in 202406, contributing to long-term stability.
Spending Breakdown
How Gathering Hope House allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Gathering Hope House
Is Gathering Hope House a legitimate charity?
Based on AI analysis of IRS 990 filings, Gathering Hope House (EIN: 200550847) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Gathering Hope House a good charity to donate to?
Gathering Hope House has a Mission Score of 90/100. Revenue: $701K. Assets: $407K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gathering Hope House?
The Employer Identification Number (EIN) for Gathering Hope House is 200550847. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Gathering Hope House spend its money?
Gathering Hope House allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gathering Hope House's tax-exempt status?
You can verify Gathering Hope House's tax-exempt status using EIN 200550847 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Gathering Hope House demonstrates a consistent operational history with 14 filings, indicating a stable presence in the community. The organization's revenue has fluctuated, with a notable increase to $491,018 in the 202406 period from $297,176 in 202306, suggesting a rebound in financial support. Assets have also shown growth, reaching $221,587 in 202406, which is a positive trend for long-term stability. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
Spending efficiency appears to be reasonable, with expenses generally tracking revenue. For instance, in 202406, expenses were $420,933 against revenues of $491,018, leaving a surplus. However, there was a deficit in 202306 where expenses ($409,163) exceeded revenue ($297,176). The consistent reporting of no officer compensation enhances transparency, as it clearly shows that leadership is not drawing salaries from the organization's funds. This practice, combined with regular filings, suggests a commitment to accountability.
Overall, Gathering Hope House appears to be a financially stable organization with a strong commitment to transparency regarding executive compensation. While there have been periods of deficit spending, the recent financial performance in 202406 shows a healthy surplus and growing assets, indicating improved financial management and donor support. The consistent 0% officer compensation is a significant positive factor in assessing its financial health and ethical spending practices.