Pure Hope Coalition
EIN: 311124344 · Charlotte, NC · NTEE: R200
Is Pure Hope Coalition Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pure Hope Coalition
Pure Hope Coalition (EIN: 311124344) is a nonprofit organization based in Charlotte, NC, classified under NTEE code R200. The organization reported total revenue of $613K and total assets of $378K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pure Hope Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pure Hope Coalition is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $847K |
| Total Expenses | $747K |
| Surplus / Deficit | +$101K |
| Total Assets | $322K |
| Total Liabilities | $148K |
| Net Assets | $174K |
| Operating Margin | 11.9% |
| Debt-to-Asset Ratio | 46.0% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Pure Hope Coalition reported a surplus of $101K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 46.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pure Hope Coalition's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.5% | -0.6% | +41.0% |
| 2022 | -25.7% | -6.6% | -39.0% |
| 2021 | +31.9% | -1.1% | +44.9% |
| 2020 | +1.6% | +18.7% | -26.6% |
| 2019 | -9.8% | -14.2% | -12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pure Hope Coalition 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 Pure Hope Coalition 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 surplus of $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.0%.
Frequently Asked Questions about Pure Hope Coalition
Is Pure Hope Coalition a legitimate charity?
Based on AI analysis of IRS 990 filings, Pure Hope Coalition (EIN: 311124344) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pure Hope Coalition spend its money?
Detailed spending breakdown data is not yet available for Pure Hope Coalition. Check back for updated IRS 990 analysis.
Are donations to Pure Hope Coalition tax-deductible?
Pure Hope Coalition is registered as a tax-exempt nonprofit (EIN: 311124344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Pure Hope Coalition showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pure Hope Coalition's revenue has declined by 47.8%, moving from $1.6M to $847K. Total assets increased by 159.7% over the same period, from $124K to $322K. Total functional expenses fell by 53%, from $1.6M to $747K. In its most recent filing year (2023), Pure Hope Coalition reported a surplus of $101K, with revenue exceeding expenses. The organization holds $148K in liabilities against $322K in assets (debt-to-asset ratio: 46.0%), resulting in net assets of $174K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $847K | $747K | $322K | $148K | — | — |
| 2022 | $625K | $751K | $229K | $155K | — | View 990 |
| 2021 | $842K | $804K | $375K | $176K | — | View 990 |
| 2020 | $638K | $813K | $259K | $97K | — | View 990 |
| 2019 | $628K | $685K | $353K | $16K | — | View 990 |
| 2018 | $697K | $798K | $402K | $10K | — | View 990 |
| 2017 | $667K | $785K | $499K | $5K | — | View 990 |
| 2016 | $696K | $726K | $200K | $13K | — | View 990 |
| 2015 | $830K | $719K | $217K | $53 | — | View 990 |
| 2014 | $834K | $835K | $112K | $6K | — | View 990 |
| 2013 | $866K | $919K | $120K | $12K | — | View 990 |
| 2012 | $1.1M | $1.1M | $179K | $17K | — | View 990 |
| 2011 | $1.6M | $1.6M | $124K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $847K, expenses of $747K, and assets of $322K (revenue +35.5% year-over-year).
- 2022: Revenue of $625K, expenses of $751K, and assets of $229K (revenue -25.7% year-over-year).
- 2021: Revenue of $842K, expenses of $804K, and assets of $375K (revenue +31.9% year-over-year).
- 2020: Revenue of $638K, expenses of $813K, and assets of $259K (revenue +1.6% year-over-year).
- 2019: Revenue of $628K, expenses of $685K, and assets of $353K (revenue -9.8% year-over-year).
- 2018: Revenue of $697K, expenses of $798K, and assets of $402K (revenue +4.5% year-over-year).
- 2017: Revenue of $667K, expenses of $785K, and assets of $499K (revenue -4.2% year-over-year).
- 2016: Revenue of $696K, expenses of $726K, and assets of $200K (revenue -16.1% year-over-year).
- 2015: Revenue of $830K, expenses of $719K, and assets of $217K (revenue -0.5% year-over-year).
- 2014: Revenue of $834K, expenses of $835K, and assets of $112K (revenue -3.7% year-over-year).
- 2013: Revenue of $866K, expenses of $919K, and assets of $120K (revenue -22.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $179K (revenue -30.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $124K.
Data Sources and Methodology
This transparency report for Pure Hope Coalition 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.