Hope House Inc
Hope House Inc shows consistent revenue growth and zero reported officer compensation, with a recent increase in liabilities.
EIN: 146050436 · Albany, NY · NTEE: F22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.9M |
| Total Expenses | $11.6M |
| Program Spending | 85% |
| Net Assets | $9.8M |
| Transparency Score | 85/100 |
Is Hope House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope House Inc
Hope House Inc (EIN: 146050436) is a nonprofit organization based in Albany, NY, classified under NTEE code F22Z. The organization reported total revenue of $12.9M and total assets of $15.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope House Inc is a large nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.7M |
| Total Expenses | $11.6M |
| Surplus / Deficit | +$182K |
| Total Assets | $16.4M |
| Total Liabilities | $6.5M |
| Net Assets | $9.8M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 40.0% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2023, Hope House Inc reported a surplus of $182K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 40.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hope House Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.6% | +6.2% | +38.8% |
| 2022 | +23.8% | +23.4% | -1.3% |
| 2021 | +4.9% | +10.9% | +35.7% |
| 2020 | +2.1% | -2.3% | -1.3% |
| 2019 | +6.9% | +6.6% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1969 |
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 House 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, Hope House 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 $182K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.0%.
Executive Compensation Analysis
Hope House Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries were paid to officers, which is highly unusual and suggests either a volunteer-led executive team or compensation is reported under other expense categories, warranting further investigation for full transparency.
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 House Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 ($6,548,943 from $2,238,805 in 2022) without clear explanation.
- Expenses exceeded revenue in multiple years (e.g., 2022: $10.8M expenses vs $9.9M revenue; 2021: $8.8M expenses vs $8.0M revenue), indicating reliance on reserves or other funding sources.
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Hope House Inc:
- Consistent revenue growth over the past decade, from $7.1M in 2014 to $11.7M in 2023.
- Healthy and growing asset base, reaching $16,387,994 in 2023.
- Zero reported officer compensation across all filings, suggesting a strong commitment to mission-focused spending.
- Positive net assets, indicating financial stability despite some years of expenses exceeding revenue.
Frequently Asked Questions about Hope House Inc
Is Hope House Inc a legitimate charity?
Hope House Inc (EIN: 146050436) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.9M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Hope House Inc spend its money?
Hope House Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hope House Inc tax-deductible?
Hope House Inc is registered as a tax-exempt nonprofit (EIN: 146050436). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hope House Inc's spending goes to programs?
Hope House Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hope House Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hope House Inc is above average for NTEE category F22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hope House Inc located?
Hope House Inc is headquartered in Albany, New York and files with the IRS under EIN 146050436. It is classified under NTEE code F22Z.
How many years of IRS 990 filings does Hope House Inc have?
Hope House 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 $12.9M in total revenue.
Is Hope House Inc a good charity?
Based on the available data, Hope House Inc appears to be a good charity. It demonstrates consistent revenue growth, a healthy asset base, and notably reports 0% officer compensation across all filings, suggesting a strong commitment to directing funds towards its mission.
What caused the significant increase in liabilities in 2023?
The IRS 990 data shows liabilities increased from $2,238,805 in 2022 to $6,548,943 in 2023. Without further detail from the filing, it's unclear if this is due to new debt, deferred revenue, or other obligations. This warrants further investigation.
How does Hope House Inc manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size ($11.7M revenue in 2023). This could indicate that executive leadership is entirely volunteer-based, or that compensation is categorized differently within the expense structure, which would require reviewing the full 990 form for clarification.
Filing History
IRS 990 filing history for Hope House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope House Inc's revenue has grown by 185%, moving from $4.1M to $11.7M. Total assets increased by 166.2% over the same period, from $6.2M to $16.4M. Total functional expenses rose by 164.9%, from $4.4M to $11.6M. In its most recent filing year (2023), Hope House Inc reported a surplus of $182K, with revenue exceeding expenses. The organization holds $6.5M in liabilities against $16.4M in assets (debt-to-asset ratio: 40.0%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.7M | $11.6M | $16.4M | $6.5M | — | — |
| 2022 | $10.0M | $10.9M | $11.8M | $2.2M | — | — |
| 2021 | $8.1M | $8.8M | $12.0M | $1.5M | — | View 990 |
| 2020 | $7.7M | $8.0M | $8.8M | $1.6M | — | — |
| 2019 | $7.5M | $8.1M | $8.9M | $1.4M | — | View 990 |
| 2018 | $7.0M | $7.6M | $7.8M | $1.2M | — | View 990 |
| 2017 | $7.6M | $7.6M | $9.1M | $2.0M | — | View 990 |
| 2016 | $6.3M | $7.0M | $10.0M | $2.9M | — | View 990 |
| 2015 | $6.1M | $6.4M | $9.4M | $1.7M | — | View 990 |
| 2014 | $7.1M | $4.9M | $8.8M | $706K | — | View 990 |
| 2013 | $5.2M | $4.7M | $6.5M | $573K | — | View 990 |
| 2012 | $4.4M | $4.6M | $5.8M | $441K | — | View 990 |
| 2011 | $4.1M | $4.4M | $6.2M | $670K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.7M, expenses of $11.6M, and assets of $16.4M (revenue +17.6% year-over-year).
- 2022: Revenue of $10.0M, expenses of $10.9M, and assets of $11.8M (revenue +23.8% year-over-year).
- 2021: Revenue of $8.1M, expenses of $8.8M, and assets of $12.0M (revenue +4.9% year-over-year).
- 2020: Revenue of $7.7M, expenses of $8.0M, and assets of $8.8M (revenue +2.1% year-over-year).
- 2019: Revenue of $7.5M, expenses of $8.1M, and assets of $8.9M (revenue +6.9% year-over-year).
- 2018: Revenue of $7.0M, expenses of $7.6M, and assets of $7.8M (revenue -7.4% year-over-year).
- 2017: Revenue of $7.6M, expenses of $7.6M, and assets of $9.1M (revenue +20.4% year-over-year).
- 2016: Revenue of $6.3M, expenses of $7.0M, and assets of $10.0M (revenue +3.4% year-over-year).
- 2015: Revenue of $6.1M, expenses of $6.4M, and assets of $9.4M (revenue -13.9% year-over-year).
- 2014: Revenue of $7.1M, expenses of $4.9M, and assets of $8.8M (revenue +35.6% year-over-year).
- 2013: Revenue of $5.2M, expenses of $4.7M, and assets of $6.5M (revenue +19.1% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.6M, and assets of $5.8M (revenue +6.7% year-over-year).
- 2011: Revenue of $4.1M, expenses of $4.4M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope House Inc:
Data Sources and Methodology
This transparency report for Hope House 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.