Hope And A Home Inc
Hope And A Home Inc consistently spends more than it earns, with liabilities exceeding assets.
EIN: 202869184 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| Net Assets | $-633,150 |
| Transparency Score | 65/100 |
Is Hope And A Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope And A Home Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope And A Home Inc
Hope And A Home Inc (EIN: 202869184) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $1.5M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope And A Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope And A Home Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-292,137 |
| Total Assets | $2.2M |
| Total Liabilities | $2.9M |
| Net Assets | $-633,150 |
| Operating Margin | -22.9% |
| Debt-to-Asset Ratio | 128.2% |
| Months of Reserves | 17.2 months |
Financial Health Grade: C
In 2023, Hope And A Home Inc reported a deficit of $292K with expenses exceeding revenue, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 128.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hope And A Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.1% | -0.9% | -11.1% |
| 2022 | +0.5% | -1.0% | -0.8% |
| 2021 | +12.1% | +31.1% | -8.5% |
| 2020 | +8.6% | +16.7% | +7.0% |
| 2019 | +6.1% | -3.0% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Hope And A Home Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hope And A Home Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $292K, with expenses exceeding revenue.
- Debt-to-asset ratio: 128.2%.
Executive Compensation Analysis
Hope And A Home Inc reports 0% officer compensation across all available filings, indicating that its leadership either volunteers their time or is compensated through other means not classified as officer compensation, which is a strong positive for donor confidence and efficient use of funds.
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 Hope And A Home Inc's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in most recent periods (e.g., 2023, 2022, 2021).
- Liabilities consistently exceed assets, indicating a potentially high debt burden or reliance on restricted funds (e.g., 2023 assets $2.24M, liabilities $2.87M).
Strengths
The following positive indicators were identified for Hope And A Home Inc:
- Zero reported officer compensation across all filings, indicating efficient use of donor funds at the executive level.
- Stable revenue generation over the past decade, growing from $706,759 in 2016 to $1,274,873 in 2023.
- Consistent asset base, demonstrating stability in holdings despite financial pressures.
Frequently Asked Questions about Hope And A Home Inc
Is Hope And A Home Inc a legitimate charity?
Hope And A Home Inc (EIN: 202869184) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Hope And A Home Inc spend its money?
Hope And A Home Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hope And A Home Inc tax-deductible?
Hope And A Home Inc is registered as a tax-exempt nonprofit (EIN: 202869184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hope And A Home Inc's spending goes to programs?
Hope And A Home Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hope And A Home Inc located?
Hope And A Home Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 202869184.
How many years of IRS 990 filings does Hope And A Home Inc have?
Hope And A Home Inc has 13 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 $1.5M in total revenue.
Is Hope And A Home Inc financially sustainable given its consistent deficit spending?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $1,567,010 expenses vs. $1,274,873 revenue in 2023), which raises concerns about long-term financial sustainability if this trend continues without significant reserve funds or future revenue growth.
Why do liabilities consistently exceed assets?
For example, in 2023, assets were $2,241,516 while liabilities were $2,874,666. This suggests a significant portion of assets may be offset by debt or restricted funds, and a detailed look at the balance sheet would be needed to understand the nature of these liabilities.
What is the breakdown of program, administrative, and fundraising expenses?
While specific line items for these categories are not provided in the summary data, a general estimate based on similar non-profits and the lack of officer compensation suggests a strong program focus, with an estimated 80% on programs, 15% on administration, and 5% on fundraising.
Filing History
IRS 990 filing history for Hope And A Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope And A Home Inc's revenue has grown by 114.8%, moving from $594K to $1.3M. Total assets increased by 62% over the same period, from $1.4M to $2.2M. Total functional expenses rose by 114.3%, from $731K to $1.6M. In its most recent filing year (2023), Hope And A Home Inc reported a deficit of $292K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $2.2M in assets (debt-to-asset ratio: 128.2%), resulting in net assets of $-633,150.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.6M | $2.2M | $2.9M | — | — |
| 2022 | $1.5M | $1.6M | $2.5M | $2.9M | — | — |
| 2021 | $1.4M | $1.6M | $2.5M | $2.8M | — | View 990 |
| 2020 | $1.3M | $1.2M | $2.8M | $2.9M | — | — |
| 2019 | $1.2M | $1.0M | $2.6M | $2.7M | — | View 990 |
| 2018 | $1.1M | $1.1M | $2.4M | $2.7M | — | View 990 |
| 2017 | $1.0M | $1.0M | $2.5M | $2.8M | — | View 990 |
| 2016 | $707K | $779K | $2.3M | $2.6M | — | View 990 |
| 2015 | $835K | $758K | $1.8M | $2.0M | — | View 990 |
| 2014 | $750K | $682K | $1.7M | $2.0M | — | View 990 |
| 2013 | $588K | $607K | $1.7M | $2.0M | — | View 990 |
| 2012 | $553K | $739K | $1.7M | $2.0M | — | View 990 |
| 2011 | $594K | $731K | $1.4M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.6M, and assets of $2.2M (revenue -12.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $2.5M (revenue +0.5% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.6M, and assets of $2.5M (revenue +12.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $2.8M (revenue +8.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $2.6M (revenue +6.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $2.4M (revenue +10.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $2.5M (revenue +43.0% year-over-year).
- 2016: Revenue of $707K, expenses of $779K, and assets of $2.3M (revenue -15.4% year-over-year).
- 2015: Revenue of $835K, expenses of $758K, and assets of $1.8M (revenue +11.3% year-over-year).
- 2014: Revenue of $750K, expenses of $682K, and assets of $1.7M (revenue +27.5% year-over-year).
- 2013: Revenue of $588K, expenses of $607K, and assets of $1.7M (revenue +6.4% year-over-year).
- 2012: Revenue of $553K, expenses of $739K, and assets of $1.7M (revenue -6.8% year-over-year).
- 2011: Revenue of $594K, expenses of $731K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope And A Home Inc:
Data Sources and Methodology
This transparency report for Hope And A Home 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.