Herrin House Of Hope
EIN: 454555227 · Herrin, IL · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $498K |
| Total Expenses | $346K |
| Net Assets | $271K |
Is Herrin House Of Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Herrin House Of Hope
Herrin House Of Hope (EIN: 454555227) is a nonprofit organization based in Herrin, IL, classified under NTEE code P60. The organization reported total revenue of $498K and total assets of $395K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herrin House Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Herrin House Of Hope is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $459K |
| Total Expenses | $346K |
| Surplus / Deficit | +$113K |
| Total Assets | $403K |
| Total Liabilities | $132K |
| Net Assets | $271K |
| Operating Margin | 24.6% |
| Debt-to-Asset Ratio | 32.7% |
| Months of Reserves | 14.0 months |
Financial Health Grade: A
In 2023, Herrin House Of Hope reported a surplus of $113K with revenue exceeding expenses, holds 14.0 months of operating reserves (strong position), has a debt-to-asset ratio of 32.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Herrin House Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.5% | +11.2% | +77.5% |
| 2022 | +9.1% | +23.7% | -11.9% |
| 2021 | +7.2% | +22.3% | -2.4% |
| 2020 | +82.1% | +46.8% | +18.4% |
| 2019 | +2.3% | +9.7% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Herrin House Of Hope 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 Herrin House Of Hope 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 $113K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.7%.
Frequently Asked Questions about Herrin House Of Hope
Is Herrin House Of Hope a legitimate charity?
Herrin House Of Hope (EIN: 454555227) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $498K. No red flags identified. Financial health grade: A.
How does Herrin House Of Hope spend its money?
Herrin House Of Hope reported $498K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Herrin House Of Hope tax-deductible?
Herrin House Of Hope is registered as a tax-exempt nonprofit (EIN: 454555227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Herrin House Of Hope located?
Herrin House Of Hope is headquartered in Herrin, Illinois and files with the IRS under EIN 454555227. It is classified under NTEE code P60.
How many years of IRS 990 filings does Herrin House Of Hope have?
Herrin House Of Hope 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 $498K in total revenue.
Filing History
IRS 990 filing history for Herrin House Of Hope showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Herrin House Of Hope's revenue has grown by 823.7%, moving from $50K to $459K. Total assets increased by 124.4% over the same period, from $179K to $403K. Total functional expenses rose by 10270.4%, from $3K to $346K. In its most recent filing year (2023), Herrin House Of Hope reported a surplus of $113K, with revenue exceeding expenses. The organization holds $132K in liabilities against $403K in assets (debt-to-asset ratio: 32.7%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $346K | $403K | $132K | — | — |
| 2022 | $284K | $311K | $227K | $75K | — | View 990 |
| 2021 | $261K | $252K | $257K | $78K | — | View 990 |
| 2020 | $243K | $206K | $264K | $94K | — | — |
| 2019 | $133K | $140K | $223K | $89K | — | View 990 |
| 2018 | $130K | $128K | $235K | $95K | — | View 990 |
| 2017 | $124K | $117K | $239K | $102K | — | View 990 |
| 2016 | $139K | $116K | $248K | $117K | — | View 990 |
| 2015 | $98K | $107K | $228K | $120K | — | View 990 |
| 2014 | $116K | $100K | $241K | $124K | — | View 990 |
| 2013 | $105K | $51K | $229K | $129K | — | View 990 |
| 2012 | $50K | $3K | $179K | $133K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $346K, and assets of $403K (revenue +61.5% year-over-year).
- 2022: Revenue of $284K, expenses of $311K, and assets of $227K (revenue +9.1% year-over-year).
- 2021: Revenue of $261K, expenses of $252K, and assets of $257K (revenue +7.2% year-over-year).
- 2020: Revenue of $243K, expenses of $206K, and assets of $264K (revenue +82.1% year-over-year).
- 2019: Revenue of $133K, expenses of $140K, and assets of $223K (revenue +2.3% year-over-year).
- 2018: Revenue of $130K, expenses of $128K, and assets of $235K (revenue +5.6% year-over-year).
- 2017: Revenue of $124K, expenses of $117K, and assets of $239K (revenue -11.2% year-over-year).
- 2016: Revenue of $139K, expenses of $116K, and assets of $248K (revenue +41.8% year-over-year).
- 2015: Revenue of $98K, expenses of $107K, and assets of $228K (revenue -15.6% year-over-year).
- 2014: Revenue of $116K, expenses of $100K, and assets of $241K (revenue +10.7% year-over-year).
- 2013: Revenue of $105K, expenses of $51K, and assets of $229K (revenue +111.2% year-over-year).
- 2012: Revenue of $50K, expenses of $3K, and assets of $179K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Herrin House Of Hope:
Data Sources and Methodology
This transparency report for Herrin House Of Hope 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.