Cy-hope Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Cy-hope Inc is a 501(c)(3) organization based in Cypress, Texas, registered in 2019, with $1,908,910 in FY2024 revenue. CharityIndex grades it B.
12715 Telge Rd, Cypress, TX, 77429 EIN 82-5013278 Since 2019
Revenue (FY2024)
$1.9M
▲ 92.0% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cy-hope Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +29% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cy-hope Inc: 9 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cy-hope Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cy-hope Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $6.1M (FY2019) to $1.9M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7,559Net assets $1.1M
Operating margin
29.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$7,559
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,908,910▲92.0% | $1,347,612▲21.5% | $1,058,239▲113% | $1,065,798▲112% | 990 |
| 2023 | $993,991▼51.6% | $1,109,162▼47.7% | $497,132▼18.8% | $503,536▼18.6% | 990 |
| 2022 | $2,054,848▼26.9% | $2,122,220▼19.6% | $612,110▼9.9% | $618,963▼17.4% | 990 |
| 2021 | $2,809,648▲13.5% | $2,639,388▼1.6% | $679,482▲33.4% | $749,306▲41.9% | 990 |
| 2020 | $2,474,638▼59.4% | $2,681,701▼52.2% | $509,222▼28.9% | $528,230▼31.7% | 990 |
| 2019 | $6,088,517 | $5,605,785 | $716,285 | $772,949 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.4M total
22 grants to Cy-hope Inc totaling $2.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Greater Houston | Disaster - derecho | 2024 | $450,000 |
| United Way of Greater Houston | Disaster - beryl | 2024 | $300,000 |
| United Way of Greater Houston | Navigation | 2024 | $119,000 |
| United Way of Greater Houston | Basic needs | 2024 | $110,000 |
| Local Initiatives Support Corporation | See part iv | 2024 | $50,000 |
| Permanent Endowment Fund of the Moody Memorial First United Method | Operating budget | 2024 | $50,000 |
| United Way of Greater Houston | Strategic opportunity | 2024 | $15,000 |
| Good360 | To assist those in need | 2024 | $11,856 |
| National Philanthropic Tr | Religion | 2023 | $100,000 |
| United Way of Greater Houston | Basic needs | 2023 | $100,000 |
| United Way of Greater Houston | Navigation | 2023 | $100,000 |
| Permanent Endowment Fund of the Moody Memorial First United Method | Operating budget | 2023 | $45,000 |
| Permanent Endowment Fund of the Moody Memorial First United Method | Disaster home repairs/rebuilds | 2023 | $10,000 |
| Greater Houston Community Foundation | Human services | 2022 | $115,250 |
| United Way of Greater Houston | Basic needs | 2022 | $100,000 |
Frequently asked questions
- Is Cy-hope Inc a legitimate nonprofit?
- Yes. Cy-hope Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-5013278, based in Cypress, Texas. Donations are tax-deductible.
- What is Cy-hope Inc's EIN?
- Cy-hope Inc's Employer Identification Number (EIN) is 82-5013278.
- How much revenue does Cy-hope Inc report?
- Cy-hope Inc reported $1,908,910 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Cy-hope Inc have?
- CharityIndex grades Cy-hope Inc B, based on financial health (reserves and operating margin).
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Data for Cy-hope Inc (EIN 82-5013278) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.