Home Of Hope India Us
EIN: 421731241 · Wilmington, NC · NTEE: Q33
Is Home Of Hope India Us Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Home Of Hope India Us
Home Of Hope India Us (EIN: 421731241) is a nonprofit organization based in Wilmington, NC, classified under NTEE code Q33. The organization reported total revenue of $1.4M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Of Hope India Us's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Home Of Hope India Us is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$248K |
| Total Assets | $1.6M |
| Net Assets | $1.6M |
| Operating Margin | 16.5% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2023, Home Of Hope India Us reported a surplus of $248K with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Home Of Hope India Us's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.1% | +31.5% | +18.5% |
| 2022 | +43.4% | -10.7% | +93.3% |
| 2021 | -12.9% | -2.9% | +7.4% |
| 2020 | -6.7% | -24.6% | +39.9% |
| 2019 | +25.0% | +54.2% | -15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Home Of Hope India Us 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 Home Of Hope India Us 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 $248K, with revenue exceeding expenses.
Frequently Asked Questions about Home Of Hope India Us
Is Home Of Hope India Us a legitimate charity?
Based on AI analysis of IRS 990 filings, Home Of Hope India Us (EIN: 421731241) insufficient data. 0 red flags identified, 0 strengths noted.
How does Home Of Hope India Us spend its money?
Detailed spending breakdown data is not yet available for Home Of Hope India Us. Check back for updated IRS 990 analysis.
Are donations to Home Of Hope India Us tax-deductible?
Home Of Hope India Us is registered as a tax-exempt nonprofit (EIN: 421731241). 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 Home Of Hope India Us showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Home Of Hope India Us's revenue has grown by 369.8%, moving from $319K to $1.5M. Total assets increased by 240.9% over the same period, from $464K to $1.6M. Total functional expenses rose by 434%, from $234K to $1.3M. In its most recent filing year (2023), Home Of Hope India Us reported a surplus of $248K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $1.6M | $0 | — | View 990 |
| 2022 | $1.6M | $951K | $1.3M | $352 | — | View 990 |
| 2021 | $1.1M | $1.1M | $690K | $191 | — | — |
| 2020 | $1.3M | $1.1M | $642K | $134 | — | View 990 |
| 2019 | $1.4M | $1.5M | $459K | $27 | — | View 990 |
| 2018 | $1.1M | $943K | $545K | $2K | — | View 990 |
| 2017 | $711K | $1.0M | $391K | $609 | — | View 990 |
| 2016 | $731K | $540K | $689K | $3K | — | View 990 |
| 2015 | $482K | $301K | $489K | $2K | — | View 990 |
| 2014 | $603K | $580K | $314K | $0 | — | View 990 |
| 2013 | $487K | $680K | $328K | $726 | — | View 990 |
| 2012 | $507K | $455K | $529K | $0 | — | View 990 |
| 2011 | $319K | $234K | $464K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $1.6M (revenue -6.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $951K, and assets of $1.3M (revenue +43.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $690K (revenue -12.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $642K (revenue -6.7% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $459K (revenue +25.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $943K, and assets of $545K (revenue +54.1% year-over-year).
- 2017: Revenue of $711K, expenses of $1.0M, and assets of $391K (revenue -2.8% year-over-year).
- 2016: Revenue of $731K, expenses of $540K, and assets of $689K (revenue +51.7% year-over-year).
- 2015: Revenue of $482K, expenses of $301K, and assets of $489K (revenue -20.1% year-over-year).
- 2014: Revenue of $603K, expenses of $580K, and assets of $314K (revenue +23.8% year-over-year).
- 2013: Revenue of $487K, expenses of $680K, and assets of $328K (revenue -3.9% year-over-year).
- 2012: Revenue of $507K, expenses of $455K, and assets of $529K (revenue +59.0% year-over-year).
- 2011: Revenue of $319K, expenses of $234K, and assets of $464K.
Data Sources and Methodology
This transparency report for Home Of Hope India Us 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.