Hope House Transitional Living Corp
EIN: 833260100 · Williamsburg, KY · NTEE: I31
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $34K |
| Net Assets | $21K |
Is Hope House Transitional Living Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope House Transitional Living Corp
Hope House Transitional Living Corp (EIN: 833260100) is a nonprofit organization based in Williamsburg, KY, classified under NTEE code I31. The organization reported total revenue of $61K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope House Transitional Living Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope House Transitional Living Corp is a micro nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $34K |
| Surplus / Deficit | $-1,088 |
| Total Assets | $21K |
| Net Assets | $21K |
| Operating Margin | -3.3% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Hope House Transitional Living Corp reported a deficit of $1K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Hope House Transitional Living Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.2% | -0.4% | -5.0% |
| 2022 | -34.3% | -3.5% | -16.3% |
| 2021 | +28.6% | +17.1% | +62.8% |
| 2020 | +13.7% | +50.0% | +47.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope House Transitional Living Corp 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 Hope House Transitional Living Corp 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 deficit of $1K, with expenses exceeding revenue.
Frequently Asked Questions about Hope House Transitional Living Corp
Is Hope House Transitional Living Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope House Transitional Living Corp (EIN: 833260100) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope House Transitional Living Corp spend its money?
Detailed spending breakdown data is not yet available for Hope House Transitional Living Corp. Check back for updated IRS 990 analysis.
Are donations to Hope House Transitional Living Corp tax-deductible?
Hope House Transitional Living Corp is registered as a tax-exempt nonprofit (EIN: 833260100). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope House Transitional Living Corp located?
Hope House Transitional Living Corp is headquartered in Williamsburg, Kentucky and files with the IRS under EIN 833260100. It is classified under NTEE code I31.
How many years of IRS 990 filings does Hope House Transitional Living Corp have?
Hope House Transitional Living Corp has 5 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 $61K in total revenue.
Filing History
IRS 990 filing history for Hope House Transitional Living Corp showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Hope House Transitional Living Corp's revenue has grown by 5.8%, moving from $31K to $33K. Total assets increased by 90.4% over the same period, from $11K to $21K. Total functional expenses rose by 68.9%, from $20K to $34K. In its most recent filing year (2023), Hope House Transitional Living Corp reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $34K | $21K | $0 | — | — |
| 2022 | $30K | $34K | $22K | $0 | — | View 990 |
| 2021 | $45K | $35K | $26K | $0 | — | View 990 |
| 2020 | $35K | $30K | $16K | $0 | — | — |
| 2019 | $31K | $20K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $34K, and assets of $21K (revenue +10.2% year-over-year).
- 2022: Revenue of $30K, expenses of $34K, and assets of $22K (revenue -34.3% year-over-year).
- 2021: Revenue of $45K, expenses of $35K, and assets of $26K (revenue +28.6% year-over-year).
- 2020: Revenue of $35K, expenses of $30K, and assets of $16K (revenue +13.7% year-over-year).
- 2019: Revenue of $31K, expenses of $20K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope House Transitional Living Corp:
Data Sources and Methodology
This transparency report for Hope House Transitional Living Corp 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.