P โ€” Human ServicesEIN: 821059667ยท Ruling Year: 2017

Promise Of Hope Foundation Inc

Copiague, New York

B+Health Score
68B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$639K
Total Revenue
๐Ÿ“Š
$554K
Total Expenses
๐Ÿฆ
$148K
Net Assets
๐Ÿ“‹
$10K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+13.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.27
Net assets divided by total expenses
Liabilities-to-Assets
6.3%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$638,956โ†‘17%$554,198โ†‘8%$157,966โ†‘150%
2022$543,943โ†‘322%$511,070โ†‘192%$63,208โ†‘64%
2021$128,897โ†“77%$174,751โ†“65%$38,639โ†“61%
2019$551,564โ†‘88%$495,794โ†‘81%$99,888โ†‘402%
2018$292,975โ†‘20%$274,475โ†‘12%$19,891โ†‘4400%
2017$243,229$244,287$442

Frequently Asked Questions

What does Promise Of Hope Foundation Inc do?โ–ผ

Promise Of Hope Foundation Inc is a human services nonprofit organization based in New York. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Promise Of Hope Foundation Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Promise Of Hope Foundation Inc.

How much revenue does Promise Of Hope Foundation Inc generate?โ–ผ

Promise Of Hope Foundation Inc reports $793K in annual revenue and holds $48K in total assets, based on IRS filings.

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Promise Of Hope Foundation Inc โ€” Copiague, NY | GiveScope