Restoring Hope Center Inc
Laurinburg, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,284,327โ34% | $2,186,338โ30% | $607,857โ19% | |
| 2022 | $1,705,175โ38% | $1,678,198โ38% | $509,520โ5% | โ |
| 2021 | $2,750,429โ25% | $2,707,568โ24% | $483,683โ11% | โ |
| 2020 | $2,198,732โ8% | $2,178,151โ8% | $437,518โ5% | โ |
| 2019 | $2,033,937โ8% | $2,017,098โ7% | $415,954โ4% | โ |
| 2018 | $1,879,660โ19% | $1,891,476โ20% | $398,382โ3% | โ |
| 2017 | $1,574,694โ21% | $1,577,128โ15% | $409,150โ1% | โ |
| 2016 | $1,986,950โ6% | $1,861,251โ3% | $414,965โ45% | โ |
| 2015 | $2,107,265โ15% | $1,920,597โ29% | $285,757โ40% | โ |
| 2014 | $2,484,558โ17% | $2,714,089โ45% | $479,678โ32% | โ |
| 2013 | $2,118,864โ131% | $1,876,830โ131% | $709,209โ52% | โ |
| 2012 | $915,317โ53% | $813,901โ122% | $467,175โ28% | โ |
| 2011 | $598,395โ32% | $367,249โ14% | $366,383โ171% | โ |
| 2010 | $453,060 | $323,003 | $135,237 | โ |
Frequently Asked Questions
What does Restoring Hope Center Inc do?โผ
Restoring Hope Center Inc is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Restoring Hope Center Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, Restoring Hope Center Inc has a score of 62/100 (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 Restoring Hope Center Inc generate?โผ
Restoring Hope Center Inc reports $3.2M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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