Hopeway Foundation
Charlotte, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $20,613,011↑28% | $17,188,418↑13% | $40,915,450↑22% | — |
| 2022 | $16,077,222↑8% | $15,248,356↑18% | $33,459,883↑3% | — |
| 2021 | $14,897,275↑39% | $12,954,211↑14% | $32,563,344↑8% | — |
| 2020 | $10,714,864↓11% | $11,365,374↑4% | $30,119,051↓3% | — |
| 2019 | $12,091,553↑31% | $10,950,566↑19% | $31,072,832↑5% | — |
| 2018 | $9,204,666↑55% | $9,191,683↑24% | $29,658,234↓1% | — |
| 2017 | $5,953,119↑152% | $7,436,376↑274% | $29,864,758↓7% | — |
| 2016 | $2,362,480↓86% | $1,990,660↑584% | $32,211,811↑6% | — |
| 2015 | $16,374,627↑140% | $291,053↑172% | $30,447,650↑353% | — |
| 2014 | $6,824,278 | $107,124 | $6,723,446 | — |
Frequently Asked Questions
What does Hopeway Foundation do?▼
Hopeway Foundation is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E12 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hopeway Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Hopeway Foundation has a score of 84/100 (Grade: A-). 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 Hopeway Foundation generate?▼
Hopeway Foundation reports $19.8M in annual revenue and holds $38.8M in total assets, based on IRS filings.
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