Center For Hope And Safety Inc
Center For Hope And Safety: Strong Program Spending, but Transparency Lacking
EIN: 222184949 · Rochelle Park, NJ · NTEE: P43Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $3.8M |
| Program Spending | 85% |
| Net Assets | $5.2M |
| Transparency Score | 85/100 |
Is Center For Hope And Safety Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Hope And Safety Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Hope And Safety Inc
Center For Hope And Safety Inc (EIN: 222184949) is a nonprofit organization based in Rochelle Park, NJ, classified under NTEE code P43Z. The organization reported total revenue of $4.5M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Hope And Safety Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Hope And Safety Inc is a mid-size nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $3.8M |
| Surplus / Deficit | +$311K |
| Total Assets | $5.8M |
| Total Liabilities | $535K |
| Net Assets | $5.2M |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, Center For Hope And Safety Inc reported a surplus of $311K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Center For Hope And Safety Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.8% | +7.5% | +12.3% |
| 2022 | +6.7% | +4.0% | +1.1% |
| 2021 | +13.5% | +8.6% | -0.8% |
| 2020 | +3.2% | +7.5% | +7.0% |
| 2018 | -1.5% | +4.8% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Center For Hope And Safety Inc with a Mission Score of 85 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, Center For Hope And Safety Inc 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 $311K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
Executive compensation details are not explicitly provided in the available data, making a specific assessment difficult without further information from their Form 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 Center For Hope And Safety Inc's IRS 990 filings:
- Lack of detailed program impact reporting on their public platforms.
- Limited transparency regarding specific executive compensation figures in the provided data.
Strengths
The following positive indicators were identified for Center For Hope And Safety Inc:
- Consistently high percentage of expenses dedicated to programs (85% in 2023).
- Positive trend in total revenue, increasing from $3,141,577 in 2020 to $4,101,619 in 2023.
- Healthy asset base of $5,765,070 in 2023, indicating financial stability.
Frequently Asked Questions about Center For Hope And Safety Inc
Is Center For Hope And Safety Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Hope And Safety Inc (EIN: 222184949) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Center For Hope And Safety Inc spend its money?
Center For Hope And Safety Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For Hope And Safety Inc tax-deductible?
Center For Hope And Safety Inc is registered as a tax-exempt nonprofit (EIN: 222184949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Center For Hope And Safety Inc's spending goes to programs?
Center For Hope And Safety Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Hope And Safety Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Center For Hope And Safety Inc is above average for NTEE category P43Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Hope And Safety Inc located?
Center For Hope And Safety Inc is headquartered in Rochelle Park, New Jersey and files with the IRS under EIN 222184949. It is classified under NTEE code P43Z.
How many years of IRS 990 filings does Center For Hope And Safety Inc have?
Center For Hope And Safety Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.5M in total revenue.
What does Center For Hope And Safety Inc do?
Center For Hope And Safety Inc is a nonprofit organization in the Human Services sector, located in Rochelle Park, New Jersey. It is classified under NTEE code P43Z.
How much revenue does Center For Hope And Safety Inc have?
Center For Hope And Safety Inc reported total revenue of $4,547,353. Based on 12 IRS 990 filings on record.
What are Center For Hope And Safety Inc's total assets?
Center For Hope And Safety Inc holds total assets of $5,928,736 as reported in IRS 990 filings.
Where is Center For Hope And Safety Inc located?
Center For Hope And Safety Inc is based in Rochelle Park, New Jersey.
What is Center For Hope And Safety Inc's EIN?
Center For Hope And Safety Inc's Employer Identification Number (EIN) is 222184949. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Center For Hope And Safety Inc?
Center For Hope And Safety Inc is classified under NTEE code P43Z (Human Services).
Is Center For Hope And Safety Inc a registered 501(c)(3)?
Yes, Center For Hope And Safety Inc is recognized as a tax-exempt organization by the IRS. EIN: 222184949.
Does Center For Hope And Safety Inc file IRS Form 990?
Yes, Center For Hope And Safety Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Center For Hope And Safety Inc's revenue in 2023?
In the 202306 filing period, Center For Hope And Safety Inc reported total revenue of $4,101,619, total expenses of $3,791,011, and net assets of $5,765,070.
Is Center For Hope And Safety Inc's revenue growing or declining?
Center For Hope And Safety Inc's revenue is growing. Revenue went from $3,804,359 (202206) to $4,101,619 (202306), a +7.8% change. Based on 12 filings on record.
What is Center For Hope And Safety Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Center For Hope And Safety Inc covers tax period 202306. It shows revenue of $4,101,619, expenses of $3,791,011, total assets of $5,765,070, and liabilities of $534,694.
How much does Center For Hope And Safety Inc spend on programs vs administration?
Based on IRS 990 analysis, Center For Hope And Safety Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Center For Hope And Safety Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Center For Hope And Safety Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Center For Hope And Safety Inc?
The following concerns were identified: Lack of detailed program impact reporting on their public platforms.. Limited transparency regarding specific executive compensation figures in the provided data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Center For Hope And Safety Inc's strengths?
Positive indicators for Center For Hope And Safety Inc include: Consistently high percentage of expenses dedicated to programs (85% in 2023).. Positive trend in total revenue, increasing from $3,141,577 in 2020 to $4,101,619 in 2023.. Healthy asset base of $5,765,070 in 2023, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Center For Hope And Safety Inc compensate executives?
Executive compensation details are not explicitly provided in the available data, making a specific assessment difficult without further information from their Form 990. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure its administrative and fundraising costs, which are relatively low, are sufficient to support effective program delivery and growth?
With administrative and fundraising combined at 15% of expenses, it suggests efficient operations, but further inquiry would be needed to confirm these levels adequately support necessary infrastructure and outreach for sustained impact and growth.
Given the consistent revenue growth, what specific strategies are in place to expand the reach and depth of their programs to meet increasing community needs?
The consistent revenue growth from $3,141,577 in 2020 to $4,101,619 in 2023 indicates successful fundraising, but the specific strategies for program expansion are not detailed in the provided financial data and would require further investigation into their strategic plans.
Filing History
IRS 990 filing history for Center For Hope And Safety Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Center For Hope And Safety Inc's revenue has grown by 65.2%, moving from $2.5M to $4.1M. Total assets increased by 111.6% over the same period, from $2.7M to $5.8M. Total functional expenses rose by 48.4%, from $2.6M to $3.8M. In its most recent filing year (2023), Center For Hope And Safety Inc reported a surplus of $311K, with revenue exceeding expenses. The organization holds $535K in liabilities against $5.8M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $3.8M | $5.8M | $535K | — | View 990 |
| 2022 | $3.8M | $3.5M | $5.1M | $225K | — | View 990 |
| 2021 | $3.6M | $3.4M | $5.1M | $333K | — | View 990 |
| 2020 | $3.1M | $3.1M | $5.1M | $614K | — | View 990 |
| 2018 | $3.0M | $2.9M | $4.8M | $325K | — | View 990 |
| 2017 | $3.1M | $2.8M | $4.7M | $353K | — | View 990 |
| 2016 | $2.7M | $3.0M | $4.4M | $383K | — | View 990 |
| 2015 | $3.4M | $3.0M | $4.9M | $655K | — | View 990 |
| 2014 | $3.6M | $2.9M | $5.6M | $1.6M | — | View 990 |
| 2013 | $3.5M | $2.9M | $4.9M | $1.7M | — | View 990 |
| 2012 | $2.8M | $2.7M | $3.1M | $468K | — | View 990 |
| 2011 | $2.5M | $2.6M | $2.7M | $302K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $3.8M, and assets of $5.8M (revenue +7.8% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.5M, and assets of $5.1M (revenue +6.7% year-over-year).
- 2021: Revenue of $3.6M, expenses of $3.4M, and assets of $5.1M (revenue +13.5% year-over-year).
- 2020: Revenue of $3.1M, expenses of $3.1M, and assets of $5.1M (revenue +3.2% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.9M, and assets of $4.8M (revenue -1.5% year-over-year).
- 2017: Revenue of $3.1M, expenses of $2.8M, and assets of $4.7M (revenue +13.3% year-over-year).
- 2016: Revenue of $2.7M, expenses of $3.0M, and assets of $4.4M (revenue -19.3% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.0M, and assets of $4.9M (revenue -6.9% year-over-year).
- 2014: Revenue of $3.6M, expenses of $2.9M, and assets of $5.6M (revenue +4.6% year-over-year).
- 2013: Revenue of $3.5M, expenses of $2.9M, and assets of $4.9M (revenue +22.3% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.7M, and assets of $3.1M (revenue +14.3% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.6M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Hope And Safety Inc:
Data Sources and Methodology
This transparency report for Center For Hope And Safety 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.