A Place Called Hope Inc
EIN: 263267691 · Killingworth, CT · NTEE: D30
Is A Place Called Hope Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A Place Called Hope Inc
A Place Called Hope Inc (EIN: 263267691) is a nonprofit organization based in Killingworth, CT, classified under NTEE code D30. The organization reported total revenue of $170K and total assets of $294K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Place Called Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Place Called Hope Inc is a small nonprofit that has been operating for 17 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $178K |
| Surplus / Deficit | +$36K |
| Total Assets | $308K |
| Net Assets | $308K |
| Operating Margin | 16.7% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2023, A Place Called Hope Inc reported a surplus of $36K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), A Place Called Hope Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.6% | +4.7% | +12.7% |
| 2022 | -28.6% | +28.5% | +6.6% |
| 2021 | +71.2% | +53.0% | +102.1% |
| 2020 | +41.4% | -22.2% | +106.0% |
| 2019 | +13.8% | +6.3% | -8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A Place Called Hope Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Place Called Hope Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
Frequently Asked Questions about A Place Called Hope Inc
Is A Place Called Hope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, A Place Called Hope Inc (EIN: 263267691) insufficient data. 0 red flags identified, 0 strengths noted.
How does A Place Called Hope Inc spend its money?
Detailed spending breakdown data is not yet available for A Place Called Hope Inc. Check back for updated IRS 990 analysis.
Are donations to A Place Called Hope Inc tax-deductible?
A Place Called Hope Inc is registered as a tax-exempt nonprofit (EIN: 263267691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for A Place Called Hope Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), A Place Called Hope Inc's revenue has grown by 178.7%, moving from $77K to $214K. Total assets increased by 816.1% over the same period, from $34K to $308K. Total functional expenses rose by 170.9%, from $66K to $178K. In its most recent filing year (2023), A Place Called Hope Inc reported a surplus of $36K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $214K | $178K | $308K | $0 | — | — |
| 2022 | $186K | $170K | $274K | $0 | — | View 990 |
| 2021 | $261K | $132K | $257K | $0 | — | View 990 |
| 2020 | $153K | $86K | $127K | $0 | — | View 990 |
| 2019 | $108K | $111K | $62K | $0 | — | View 990 |
| 2018 | $95K | $105K | $68K | $0 | — | View 990 |
| 2017 | $113K | $79K | $67K | $0 | — | View 990 |
| 2016 | $77K | $66K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $214K, expenses of $178K, and assets of $308K (revenue +14.6% year-over-year).
- 2022: Revenue of $186K, expenses of $170K, and assets of $274K (revenue -28.6% year-over-year).
- 2021: Revenue of $261K, expenses of $132K, and assets of $257K (revenue +71.2% year-over-year).
- 2020: Revenue of $153K, expenses of $86K, and assets of $127K (revenue +41.4% year-over-year).
- 2019: Revenue of $108K, expenses of $111K, and assets of $62K (revenue +13.8% year-over-year).
- 2018: Revenue of $95K, expenses of $105K, and assets of $68K (revenue -15.8% year-over-year).
- 2017: Revenue of $113K, expenses of $79K, and assets of $67K (revenue +46.9% year-over-year).
- 2016: Revenue of $77K, expenses of $66K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Place Called Hope Inc:
Data Sources and Methodology
This transparency report for A Place Called Hope Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.