SCommunity Improvement & Capacity BuildingEIN: 540804383· Ruling Year: 1967

Hope House Foundation Inc

Norfolk, Virginia

A-Health Score
77A-

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 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.62×
Peer Median2.76×
💰
$15.1M
Total Revenue
📊
$13.6M
Total Expenses
🏦
$8.4M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.9%
Year-over-year change (2022 → 2023)
Net Margin
+10.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.62
Net assets divided by total expenses
Liabilities-to-Assets
18.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$15,123,70125%$13,560,77612%$10,321,43128%
2022$12,111,44810%$12,100,9533%$8,074,7082%
2021$13,413,59217%$11,744,968$8,250,5106%
2020$11,430,6703%$11,719,0734%$7,759,24326%
2019$11,138,0494%$11,248,63010%$6,145,8071%
2018$10,730,563$10,254,8212%$6,106,58810%
2017$10,732,51836%$10,039,19615%$5,559,44319%
2016$7,910,88113%$8,698,99911%$4,663,68216%
2015$9,130,45121%$7,835,54410%$5,535,45633%
2014$7,516,5448%$7,144,0021%$4,156,3138%
2013$6,936,5891%$7,043,7023%$3,843,0872%
2012$6,890,091$7,227,020$3,918,024

Frequently Asked Questions

What does Hope House Foundation Inc do?

Hope House Foundation Inc is a community improvement & capacity building nonprofit organization based in Virginia. It is classified under NTEE code S80Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hope House Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Hope House Foundation Inc has a score of 77/100 (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 Hope House Foundation Inc generate?

Hope House Foundation Inc reports $15.5M in annual revenue and holds $10.9M in total assets, based on IRS filings.

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