Rebuilding Hope Inc
Rebuilding Hope Inc. maintains stable assets and low liabilities with no reported officer compensation.
EIN: 205521551 · Henderson, NC · NTEE: L81 · Updated: 2026-03-28
Is Rebuilding Hope Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rebuilding Hope Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rebuilding Hope Inc
Rebuilding Hope Inc (EIN: 205521551) is a nonprofit organization based in Henderson, NC, classified under NTEE code L81. The organization reported total revenue of $303K and total assets of $547K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rebuilding Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rebuilding Hope Inc with a Mission Score of 88 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, Rebuilding Hope 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer categories, which is highly favorable for a nonprofit of this size (latest revenue $302,534).
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 Rebuilding Hope Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($192,194 vs. $167,816), indicating a deficit for that specific year, though not a long-term trend.
Strengths
The following positive indicators were identified for Rebuilding Hope Inc:
- Consistent asset growth from $26,287 in 2014 to $563,135 in 2023.
- Zero reported officer compensation across all filings, indicating strong resource allocation to mission.
- Very low liabilities, consistently under $5,000, demonstrating a healthy balance sheet.
- Long operational history with 13 filings, suggesting stability and experience.
Frequently Asked Questions about Rebuilding Hope Inc
Is Rebuilding Hope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rebuilding Hope Inc (EIN: 205521551) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Rebuilding Hope Inc spend its money?
Rebuilding Hope Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rebuilding Hope Inc tax-deductible?
Rebuilding Hope Inc is registered as a tax-exempt nonprofit (EIN: 205521551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Rebuilding Hope Inc. financially stable?
Yes, Rebuilding Hope Inc. appears financially stable. Their assets have grown significantly from $26,287 in 2014 to $563,135 in 2023, and liabilities remain consistently low (e.g., $3,153 in 2023), indicating a strong balance sheet.
How efficient is Rebuilding Hope Inc. with its spending?
The organization appears efficient, especially given the 0% officer compensation reported across all filings. This suggests a high proportion of funds are likely directed towards program services and operational needs rather than executive salaries.
What is the trend in Rebuilding Hope Inc.'s revenue?
Revenue has fluctuated over the years, with a peak of $583,490 in 2016. More recently, revenue was $167,816 in 2023, showing variability but generally maintaining a level sufficient to support operations and asset growth.
Does Rebuilding Hope Inc. have a high debt burden?
No, Rebuilding Hope Inc. has a very low debt burden. Liabilities have consistently been under $5,000, for example, $3,153 in 2023, which is negligible compared to their assets of $563,135.
Filing History
IRS 990 filing history for Rebuilding Hope Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rebuilding Hope Inc's revenue has grown by 80.5%, moving from $93K to $168K. Total assets increased by 1661.9% over the same period, from $32K to $563K. Total functional expenses rose by 131.3%, from $83K to $192K. In its most recent filing year (2023), Rebuilding Hope Inc reported a deficit of $24K, with expenses exceeding revenue. The organization holds $3K in liabilities against $563K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $560K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $192K | $563K | $3K | — | View 990 |
| 2022 | $146K | $130K | $587K | $2K | — | View 990 |
| 2021 | $114K | $118K | $575K | $5K | — | View 990 |
| 2020 | $100K | $101K | $575K | $1K | — | View 990 |
| 2019 | $151K | $160K | $576K | $1K | — | View 990 |
| 2018 | $194K | $149K | $585K | $1K | — | View 990 |
| 2017 | $179K | $149K | $540K | $1K | — | View 990 |
| 2016 | $583K | $127K | $510K | $1K | — | View 990 |
| 2015 | $122K | $96K | $52K | $900 | — | View 990 |
| 2014 | $102K | $98K | $26K | $900 | — | View 990 |
| 2013 | $102K | $103K | $22K | $900 | — | View 990 |
| 2012 | $94K | $103K | $22K | $600 | — | View 990 |
| 2011 | $93K | $83K | $32K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $192K, and assets of $563K (revenue +14.9% year-over-year).
- 2022: Revenue of $146K, expenses of $130K, and assets of $587K (revenue +28.3% year-over-year).
- 2021: Revenue of $114K, expenses of $118K, and assets of $575K (revenue +14.4% year-over-year).
- 2020: Revenue of $100K, expenses of $101K, and assets of $575K (revenue -34.3% year-over-year).
- 2019: Revenue of $151K, expenses of $160K, and assets of $576K (revenue -22.1% year-over-year).
- 2018: Revenue of $194K, expenses of $149K, and assets of $585K (revenue +8.6% year-over-year).
- 2017: Revenue of $179K, expenses of $149K, and assets of $540K (revenue -69.3% year-over-year).
- 2016: Revenue of $583K, expenses of $127K, and assets of $510K (revenue +378.5% year-over-year).
- 2015: Revenue of $122K, expenses of $96K, and assets of $52K (revenue +19.0% year-over-year).
- 2014: Revenue of $102K, expenses of $98K, and assets of $26K (revenue +0.1% year-over-year).
- 2013: Revenue of $102K, expenses of $103K, and assets of $22K (revenue +8.7% year-over-year).
- 2012: Revenue of $94K, expenses of $103K, and assets of $22K (revenue +1.3% year-over-year).
- 2011: Revenue of $93K, expenses of $83K, and assets of $32K.
Data Sources and Methodology
This transparency report for Rebuilding Hope 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.