Mission Hope Foundation
Mission Hope Foundation shows strong financial growth and zero reported officer compensation over a decade.
EIN: 201359156 · Columbia, SC · NTEE: X40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $721K |
| Total Expenses | $466K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $770,000 |
| Net Assets | $1.2M |
| Transparency Score | 90/100 |
Is Mission Hope Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mission Hope Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mission Hope Foundation
Mission Hope Foundation (EIN: 201359156) is a nonprofit organization based in Columbia, SC, classified under NTEE code X40. The organization reported total revenue of $721K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mission Hope Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mission Hope Foundation is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $771K |
| Total Expenses | $466K |
| Surplus / Deficit | +$305K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 39.5% |
| Months of Reserves | 31.4 months |
Financial Health Grade: A
In 2022, Mission Hope Foundation reported a surplus of $305K with revenue exceeding expenses, holds 31.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Mission Hope Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +54.9% | +14.1% | +33.3% |
| 2021 | +28.0% | -0.5% | +10.8% |
| 2020 | -8.2% | -6.0% | +5.6% |
| 2019 | -5.6% | +8.2% | +2.2% |
| 2018 | +1.0% | +0.0% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2007 |
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 Mission Hope Foundation with a Mission Score of 90 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, Mission Hope Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $305K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with over $770,000 in annual revenue and over $1.2 million in assets. This suggests either a fully volunteer executive team or compensation structured in a way that is not reported as officer compensation on the 990.
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 Mission Hope Foundation's IRS 990 filings:
- Unusually low or zero reported officer compensation, which might obscure how leadership is compensated if not truly volunteer-based.
Strengths
The following positive indicators were identified for Mission Hope Foundation:
- Consistent revenue growth, especially in recent years (e.g., $770,953 in 2022, up from $497,801 in 2021).
- Strong asset accumulation, reaching $1,219,744 in 2022.
- Minimal to zero liabilities reported in most recent filings, indicating excellent financial health and solvency.
- Consistent reporting of 0% officer compensation, suggesting a highly efficient or volunteer-driven leadership structure.
- Healthy surplus of revenue over expenses, allowing for reinvestment and sustainability (e.g., $304,505 surplus in 2022).
Frequently Asked Questions about Mission Hope Foundation
Is Mission Hope Foundation a legitimate charity?
Mission Hope Foundation (EIN: 201359156) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $721K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Mission Hope Foundation spend its money?
Mission Hope Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mission Hope Foundation tax-deductible?
Mission Hope Foundation is registered as a tax-exempt nonprofit (EIN: 201359156). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mission Hope Foundation CEO make?
Mission Hope Foundation's highest-compensated officer earns $770,000 annually. The organization reported $721K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mission Hope Foundation's spending goes to programs?
Mission Hope Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mission Hope Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Mission Hope Foundation is above average for NTEE category X40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mission Hope Foundation located?
Mission Hope Foundation is headquartered in Columbia, South Carolina and files with the IRS under EIN 201359156. It is classified under NTEE code X40.
How many years of IRS 990 filings does Mission Hope Foundation have?
Mission Hope Foundation has 12 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 $721K in total revenue.
Is Mission Hope Foundation a good charity?
Based on the provided financial data, Mission Hope Foundation appears to be a well-managed and financially healthy charity. They demonstrate consistent revenue growth, strong asset accumulation, minimal liabilities, and notably, report 0% officer compensation, which are all positive indicators.
How has Mission Hope Foundation's revenue trended over time?
Mission Hope Foundation has shown a positive revenue trend, particularly in recent years. After a period of relatively stable revenue around $400k-$450k from 2013-2019, revenue grew from $388,803 in 2020 to $497,801 in 2021, and then significantly to $770,953 in 2022.
What is the organization's financial stability?
The organization demonstrates strong financial stability. They consistently maintain a healthy surplus of revenue over expenses in recent years (e.g., $770,953 revenue vs. $466,448 expenses in 2022) and have accumulated substantial assets ($1,219,744 in 2022) with negligible liabilities, indicating excellent solvency.
Filing History
IRS 990 filing history for Mission Hope Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Mission Hope Foundation's revenue has grown by 116.3%, moving from $356K to $771K. Total assets increased by 73.8% over the same period, from $702K to $1.2M. Total functional expenses rose by 22.2%, from $382K to $466K. In its most recent filing year (2022), Mission Hope Foundation reported a surplus of $305K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $771K | $466K | $1.2M | $0 | — | — |
| 2021 | $498K | $409K | $915K | $0 | — | View 990 |
| 2020 | $389K | $411K | $826K | $66K | — | View 990 |
| 2019 | $423K | $437K | $782K | $0 | — | View 990 |
| 2018 | $449K | $404K | $765K | $7K | — | View 990 |
| 2017 | $444K | $404K | $724K | $14K | — | View 990 |
| 2016 | $459K | $416K | $777K | $20K | — | View 990 |
| 2015 | $411K | $405K | $770K | $2K | — | View 990 |
| 2014 | $442K | $413K | $764K | $2K | — | View 990 |
| 2013 | $403K | $409K | $795K | $3K | — | View 990 |
| 2012 | $623K | $409K | $815K | $3K | — | View 990 |
| 2011 | $356K | $382K | $702K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $771K, expenses of $466K, and assets of $1.2M (revenue +54.9% year-over-year).
- 2021: Revenue of $498K, expenses of $409K, and assets of $915K (revenue +28.0% year-over-year).
- 2020: Revenue of $389K, expenses of $411K, and assets of $826K (revenue -8.2% year-over-year).
- 2019: Revenue of $423K, expenses of $437K, and assets of $782K (revenue -5.6% year-over-year).
- 2018: Revenue of $449K, expenses of $404K, and assets of $765K (revenue +1.0% year-over-year).
- 2017: Revenue of $444K, expenses of $404K, and assets of $724K (revenue -3.2% year-over-year).
- 2016: Revenue of $459K, expenses of $416K, and assets of $777K (revenue +11.7% year-over-year).
- 2015: Revenue of $411K, expenses of $405K, and assets of $770K (revenue -7.1% year-over-year).
- 2014: Revenue of $442K, expenses of $413K, and assets of $764K (revenue +9.7% year-over-year).
- 2013: Revenue of $403K, expenses of $409K, and assets of $795K (revenue -35.3% year-over-year).
- 2012: Revenue of $623K, expenses of $409K, and assets of $815K (revenue +74.8% year-over-year).
- 2011: Revenue of $356K, expenses of $382K, and assets of $702K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mission Hope Foundation:
Data Sources and Methodology
This transparency report for Mission Hope Foundation 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.