Hope Ministries St Charles County Inc
Hope Ministries St Charles County Inc consistently operates with zero reported officer compensation and has grown assets to over $428,000.
EIN: 203845942 · O Fallon, MO · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $119K |
| Total Expenses | $82K |
| Program Spending | 90% |
| Net Assets | $428K |
| Transparency Score | 92/100 |
Is Hope Ministries St Charles County Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope Ministries St Charles County Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope Ministries St Charles County Inc
Hope Ministries St Charles County Inc (EIN: 203845942) is a nonprofit organization based in O Fallon, MO, classified under NTEE code X20. The organization reported total revenue of $119K and total assets of $402K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Ministries St Charles County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Ministries St Charles County Inc is a small 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 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $82K |
| Surplus / Deficit | +$59K |
| Total Assets | $428K |
| Net Assets | $428K |
| Operating Margin | 41.9% |
| Months of Reserves | 62.4 months |
Financial Health Grade: A
In 2023, Hope Ministries St Charles County Inc reported a surplus of $59K with revenue exceeding expenses, holds 62.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hope Ministries St Charles County Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | -51.2% | +16.1% |
| 2022 | -16.7% | +50.0% | -11.0% |
| 2021 | +1.3% | +33.5% | +9.4% |
| 2020 | +58.9% | +4.4% | +19.6% |
| 2019 | +9.7% | -26.8% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Ministries St Charles County Inc with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Hope Ministries St Charles County Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $59K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer pay, which is highly efficient for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Hope Ministries St Charles County Inc:
- Consistent zero reported officer compensation, indicating high efficiency.
- Significant asset growth from $49,296 in 2016 to $428,010 in 2023.
- Generally positive net income, with surpluses in most recent years (e.g., $59,388 in 2023).
- Absence of liabilities in many recent filings, demonstrating strong financial health.
- Extensive filing history (13 filings) providing good transparency.
Frequently Asked Questions about Hope Ministries St Charles County Inc
Is Hope Ministries St Charles County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Ministries St Charles County Inc (EIN: 203845942) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Hope Ministries St Charles County Inc spend its money?
Hope Ministries St Charles County Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hope Ministries St Charles County Inc tax-deductible?
Hope Ministries St Charles County Inc is registered as a tax-exempt nonprofit (EIN: 203845942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hope Ministries St Charles County Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Hope Ministries St Charles County Inc is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hope Ministries St Charles County Inc located?
Hope Ministries St Charles County Inc is headquartered in O Fallon, Missouri and files with the IRS under EIN 203845942. It is classified under NTEE code X20.
How many years of IRS 990 filings does Hope Ministries St Charles County Inc have?
Hope Ministries St Charles County 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 $119K in total revenue.
How does Hope Ministries St Charles County Inc manage to operate with zero reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership or that any compensation for leadership roles is categorized differently and not reported as officer compensation on the 990 forms. This is a significant factor in their operational efficiency.
What caused the significant expense increase in 2022, leading to a deficit?
In 2022, expenses rose to $168,486 from $112,357 in 2021, while revenue slightly decreased. Without detailed expense breakdowns, it's difficult to pinpoint the exact cause, but it resulted in a net loss for that year. However, the organization recovered with a surplus in 2023.
What is the primary source of Hope Ministries St Charles County Inc's revenue?
While the provided data doesn't specify revenue sources, for a religious organization (NTEE X20) of this size, common sources include donations, contributions, grants, and potentially program service fees. Further investigation into their full 990 forms would be needed for specifics.
How does the organization manage to maintain zero liabilities in most recent years?
The consistent reporting of zero liabilities in many recent periods (e.g., 2023, 2022) indicates strong financial management, where the organization avoids debt and operates within its means, likely paying expenses promptly and not relying on borrowed funds.
Filing History
IRS 990 filing history for Hope Ministries St Charles County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope Ministries St Charles County Inc's revenue has grown by 119.7%, moving from $64K to $142K. Total assets increased by 827% over the same period, from $46K to $428K. Total functional expenses rose by 71.8%, from $48K to $82K. In its most recent filing year (2023), Hope Ministries St Charles County Inc reported a surplus of $59K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $82K | $428K | $0 | — | View 990 |
| 2022 | $123K | $168K | $369K | $0 | — | View 990 |
| 2021 | $148K | $112K | $414K | $102K | — | View 990 |
| 2020 | $146K | $84K | $379K | $151K | — | — |
| 2019 | $92K | $81K | $317K | $177K | — | View 990 |
| 2018 | $84K | $110K | $305K | $192K | — | View 990 |
| 2017 | $86K | $54K | $82K | $0 | — | View 990 |
| 2016 | $58K | $57K | $49K | $0 | — | View 990 |
| 2015 | $59K | $64K | $49K | $0 | — | View 990 |
| 2014 | $75K | $62K | $54K | $0 | — | View 990 |
| 2013 | $56K | $62K | $41K | $0 | — | View 990 |
| 2012 | $56K | $55K | $47K | $0 | — | View 990 |
| 2011 | $64K | $48K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $82K, and assets of $428K (revenue +15.0% year-over-year).
- 2022: Revenue of $123K, expenses of $168K, and assets of $369K (revenue -16.7% year-over-year).
- 2021: Revenue of $148K, expenses of $112K, and assets of $414K (revenue +1.3% year-over-year).
- 2020: Revenue of $146K, expenses of $84K, and assets of $379K (revenue +58.9% year-over-year).
- 2019: Revenue of $92K, expenses of $81K, and assets of $317K (revenue +9.7% year-over-year).
- 2018: Revenue of $84K, expenses of $110K, and assets of $305K (revenue -3.1% year-over-year).
- 2017: Revenue of $86K, expenses of $54K, and assets of $82K (revenue +49.3% year-over-year).
- 2016: Revenue of $58K, expenses of $57K, and assets of $49K (revenue -2.2% year-over-year).
- 2015: Revenue of $59K, expenses of $64K, and assets of $49K (revenue -20.6% year-over-year).
- 2014: Revenue of $75K, expenses of $62K, and assets of $54K (revenue +33.6% year-over-year).
- 2013: Revenue of $56K, expenses of $62K, and assets of $41K (revenue -0.7% year-over-year).
- 2012: Revenue of $56K, expenses of $55K, and assets of $47K (revenue -12.9% year-over-year).
- 2011: Revenue of $64K, expenses of $48K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Ministries St Charles County Inc:
Data Sources and Methodology
This transparency report for Hope Ministries St Charles County 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.