Is Hope Community Services Inc Legit?

Quick charity verification for Hope Community Services Inc (EIN: 133477015)

Verdict: Hope Community Services Inc appears trustworthy

85/100Mission Score
$4.6MRevenue
$5.1MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Hope Community Services Inc. demonstrates a generally stable financial position, with assets growing significantly from $488,685 in 2019 to $5,310,537 in 2023. Revenue has fluctuated, peaking at $7,223,500 in 2020 and settling around $4 million in 2023. The organization consistently spends nearly all of its revenue on expenses, indicating a lean operational model. A notable aspect is the reported 0% officer compensation across all available filings, which suggests either a volunteer-led executive team or compensation being reported under other expense categories, warranting further investigation for complete transparency. The substantial increase in liabilities to $1,130,010 in 2023, up from $271,485 in 2022, is a recent development that should be monitored.

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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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