PHuman ServicesEIN: 260897746· Ruling Year: 2014

Project Hope Charities Inc

Jamaica, New York

B-Health Score
46B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

💰
$2.3M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$98K
Net Assets
📋
$80K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.6%
Year-over-year change (2022 → 2023)
Net Margin
-1.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.04
Net assets divided by total expenses
Liabilities-to-Assets
44.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,257,84725%$2,283,03332%$177,6253%
2022$1,812,09920%$1,735,80522%$172,81179%
2021$2,261,72011%$2,226,75111%$96,51757%
2020$2,534,39956%$2,508,91652%$61,54877%
2019$1,619,87055%$1,645,92854%$34,78516%
2018$3,623,75237%$3,596,98134%$41,453182%
2017$2,647,88827%$2,680,33227%$14,6821%
2016$2,081,73215%$2,116,70513%$14,500
2015$2,435,5002406%$2,435,5002406%$0
2014$97,2008%$97,2008%$0
2013$90,0001%$90,0001%$0
2012$89,196949%$89,196949%$0
2011$8,500$8,500$0

Frequently Asked Questions

What does Project Hope Charities Inc do?

Project Hope Charities Inc is a human services nonprofit organization based in New York. It is classified under NTEE code P99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Project Hope Charities Inc financially healthy?

Based on our 9-metric Financial Health Score model, Project Hope Charities Inc has a score of 46/100 (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 Project Hope Charities Inc generate?

Project Hope Charities Inc reports $2.5M in annual revenue and holds $173K in total assets, based on IRS filings.

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