Hope House Inc
Boston, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,740,125↑5% | $5,765,538↑15% | $6,056,590↑26% | |
| 2022 | $6,395,082↓2% | $5,018,047↓3% | $4,807,231↑32% | — |
| 2021 | $6,554,312↑15% | $5,151,982↓5% | $3,650,631↑35% | — |
| 2020 | $5,714,919↑31% | $5,395,387↑30% | $2,711,494↑68% | — |
| 2019 | $4,362,316↑9% | $4,135,775↑6% | $1,611,276↑25% | — |
| 2018 | $4,000,020↑1% | $3,886,965↑7% | $1,291,139↑10% | — |
| 2017 | $3,976,800↑11% | $3,633,724↑9% | $1,178,849↑32% | — |
| 2016 | $3,569,663↑32% | $3,319,270↑24% | $892,012↓85% | — |
| 2015 | $2,696,606↑8% | $2,671,592↑8% | $5,860,222↑1% | — |
| 2014 | $2,489,436↓2% | $2,467,090↑3% | $5,809,910 | — |
| 2013 | $2,534,892↑11% | $2,396,169↑5% | $5,828,795↑4% | — |
| 2012 | $2,281,208 | $2,285,212 | $5,600,480 | — |
Frequently Asked Questions
What does Hope House Inc do?▼
Hope House Inc is a mental health & crisis intervention nonprofit organization based in Massachusetts. It is classified under NTEE code F22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hope House Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Hope House Inc has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Hope House Inc generate?▼
Hope House Inc reports $6.8M in annual revenue and holds $6.5M in total assets, based on IRS filings.
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