Building Hope Finance
Building Hope Finance shows significant asset growth and zero reported officer compensation over ten years.
EIN: 200367954 · Washington, DC · NTEE: B12 · Updated: 2026-03-28
Is Building Hope Finance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Building Hope Finance directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Building Hope Finance
Building Hope Finance (EIN: 200367954) is a nonprofit organization based in Washington, DC, classified under NTEE code B12. The organization reported total revenue of $16.9M and total assets of $192.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Building Hope Finance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Building Hope Finance is a large nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39.4M |
| Total Expenses | $7.8M |
| Surplus / Deficit | +$31.6M |
| Total Assets | $157.1M |
| Total Liabilities | $73.8M |
| Net Assets | $83.4M |
| Operating Margin | 80.1% |
| Debt-to-Asset Ratio | 46.9% |
| Months of Reserves | 240.5 months |
Financial Health Grade: A
In 2023, Building Hope Finance reported a surplus of $31.6M with revenue exceeding expenses, holds 240.5 months of operating reserves (strong position), has a debt-to-asset ratio of 46.9% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Building Hope Finance's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +380.1% | +11.5% | +27.1% |
| 2022 | +17.2% | -27.6% | -0.3% |
| 2021 | +4.8% | +49.0% | -7.8% |
| 2020 | -28.2% | +15.2% | +29.3% |
| 2019 | +11.8% | -28.0% | +95.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Building Hope Finance with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Building Hope Finance allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.9%.
Executive Compensation Analysis
Building Hope Finance consistently reports 0% officer compensation across all ten available filings, indicating that no salaries or other compensation were paid to officers, directors, or trustees. This suggests a highly efficient use of funds at the executive level, potentially relying on volunteer leadership or other compensation structures not captured as 'officer compensation' on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Building Hope Finance's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $39M in 2023, $8M in 2022, $16M latest period) could indicate reliance on large, infrequent grants or investments rather than consistent funding streams.
Strengths
The following positive indicators were identified for Building Hope Finance:
- Consistent reporting of 0% officer compensation across all filings, indicating strong fiscal discipline at the executive level.
- Substantial and consistent growth in assets, from $45,663,862 in 2011 to $192,949,307 currently, demonstrating long-term financial health.
- Significant revenue generation capacity, evidenced by the $39,416,508 revenue in 2023 and $16,881,039 in the latest period.
Frequently Asked Questions about Building Hope Finance
Is Building Hope Finance a legitimate charity?
Based on AI analysis of IRS 990 filings, Building Hope Finance (EIN: 200367954) some concerns. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
How does Building Hope Finance spend its money?
Building Hope Finance directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Building Hope Finance tax-deductible?
Building Hope Finance is registered as a tax-exempt nonprofit (EIN: 200367954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Building Hope Finance financially stable?
Yes, Building Hope Finance appears financially stable. Its assets have grown significantly from $45,663,862 in 2011 to $192,949,307 currently, with a notable increase in 2023. While liabilities have also increased, the substantial asset growth indicates a strong financial foundation.
How has Building Hope Finance's revenue changed over time?
Building Hope Finance has experienced significant revenue fluctuations and overall growth. Revenue was $5,486,441 in 2011, peaked at $39,416,508 in 2023, and was $16,881,039 in the latest reported period. This indicates a strong capacity for generating income, though with some year-to-year variability.
What is the trend in Building Hope Finance's expenses?
Building Hope Finance's expenses have generally increased over the years, from $5,142,490 in 2011 to $7,840,903 in 2023. However, the expense growth is significantly less volatile than revenue, suggesting controlled operational costs relative to income generation, especially in years of high revenue.
Filing History
IRS 990 filing history for Building Hope Finance showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Building Hope Finance's revenue has grown by 618.4%, moving from $5.5M to $39.4M. Total assets increased by 244.1% over the same period, from $45.7M to $157.1M. Total functional expenses rose by 52.5%, from $5.1M to $7.8M. In its most recent filing year (2023), Building Hope Finance reported a surplus of $31.6M, with revenue exceeding expenses. The organization holds $73.8M in liabilities against $157.1M in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $83.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39.4M | $7.8M | $157.1M | $73.8M | — | — |
| 2022 | $8.2M | $7.0M | $123.6M | $71.8M | — | View 990 |
| 2021 | $7.0M | $9.7M | $124.0M | $73.3M | — | View 990 |
| 2020 | $6.7M | $6.5M | $134.4M | $81.1M | — | View 990 |
| 2019 | $9.3M | $5.7M | $104.0M | $50.8M | — | — |
| 2015 | $8.3M | $7.9M | $53.2M | $13.2M | — | View 990 |
| 2014 | $7.0M | $6.0M | $49.2M | $9.8M | — | View 990 |
| 2013 | $6.3M | $5.5M | $47.6M | $9.3M | — | View 990 |
| 2012 | $5.6M | $4.4M | $45.6M | $8.2M | — | View 990 |
| 2011 | $5.5M | $5.1M | $45.7M | $9.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39.4M, expenses of $7.8M, and assets of $157.1M (revenue +380.1% year-over-year).
- 2022: Revenue of $8.2M, expenses of $7.0M, and assets of $123.6M (revenue +17.2% year-over-year).
- 2021: Revenue of $7.0M, expenses of $9.7M, and assets of $124.0M (revenue +4.8% year-over-year).
- 2020: Revenue of $6.7M, expenses of $6.5M, and assets of $134.4M (revenue -28.2% year-over-year).
- 2019: Revenue of $9.3M, expenses of $5.7M, and assets of $104.0M (revenue +11.8% year-over-year).
- 2015: Revenue of $8.3M, expenses of $7.9M, and assets of $53.2M (revenue +18.3% year-over-year).
- 2014: Revenue of $7.0M, expenses of $6.0M, and assets of $49.2M (revenue +11.4% year-over-year).
- 2013: Revenue of $6.3M, expenses of $5.5M, and assets of $47.6M (revenue +11.9% year-over-year).
- 2012: Revenue of $5.6M, expenses of $4.4M, and assets of $45.6M (revenue +2.9% year-over-year).
- 2011: Revenue of $5.5M, expenses of $5.1M, and assets of $45.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Building Hope Finance:
Data Sources and Methodology
This transparency report for Building Hope Finance 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.