High Socks For Hope Inc
Only null% goes to programs Strong reserves Growing revenue
High Socks For Hope Inc is a 501(c)(3) organization based in Northport, Alabama, registered in 2013, with $2,704,715 in FY2024 revenue. CharityIndex grades it B.
3617 Mcfarland Blvd, Northport, AL, 35476 EIN 46-1490170 Since 2013
Revenue (FY2024)
$2.7M
▲ 107.0% vs prior year
Human Services median: $293K
Expenses (FY2024)
$1.6M
Net assets
$1.8M
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 High Socks For 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 rating14 mo reserves · +41% 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 High Socks For Hope Inc: 14 mo reserves · +41% 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 High Socks For 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 High Socks For Hope Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3617 Mcfarland Blvd, Northport, AL, 35476
- City
- Northport
- State
- Alabama
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Website
- …
Financial trends
Revenue grew from $353K (FY2013) to $2.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $11KNet assets $1.8M
Operating margin
41.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$11K
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,704,715▲107% | $1,588,245▼5.9% | $1,791,986▲165% | $1,802,858▲160% | 990 |
| 2023 | $1,306,904▼14.6% | $1,686,955▲40.4% | $675,516▼36.0% | $693,366▼35.0% | 990 |
| 2022 | $1,530,543▲19.4% | $1,201,269▲15.1% | $1,055,567▲45.3% | $1,066,037▲43.0% | 990 |
| 2021 | $1,281,523▼14.5% | $1,043,501▼35.3% | $726,293▲48.7% | $745,294▲49.2% | 990 |
| 2020 | $1,499,136 | $1,613,029▲49.2% | $488,271▼18.9% | $499,418▼19.1% | 990 |
| 2019 | $1,498,916▲221% | $1,081,472▲120% | $602,164▲226% | $617,517▲214% | 990 |
| 2018 | $467,027▲7.0% | $490,786▲27.4% | $184,720▼11.4% | $196,605▼10.6% | 990 |
| 2017 | $436,476▲54.5% | $385,367▲84.7% | $208,479▲32.5% | $220,029▲27.9% | 990 |
| 2016 | $282,565▲150% | $208,688▲38.8% | $157,370▲88.5% | $172,022▲103% | 990 |
| 2015 | $112,919▼27.6% | $150,381▼39.0% | $83,493▼31.0% | $84,941▼30.6% | 990EZ |
| 2014 | $155,877▼55.9% | $246,572▲73.8% | $120,955▼42.9% | $122,403▼42.2% | 990EZ |
| 2013 | $353,485 | $141,835 | $211,650 | $211,650 | 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 · $9.2M total
23 grants to High Socks For Hope Inc totaling $9.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Good360 | To assist those in need | 2024 | $2,262,461 |
| Good360 | To assist those in need | 2024 | $706,169 |
| Good360 | To assist those in need | 2024 | $82,816 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $25,000 |
| Good360 | To assist those in need | 2024 | $5,786 |
| Good360 | To assist those in need | 2023 | $1,182,553 |
| The Community Fdn of Middle Tn Inc | To provide support for furniture and household good purchases to be distributed to august 2021 flood survivors in waverly. | 2023 | $52,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $32,250 |
| The Community Fdn of Middle Tn Inc | To provide additional funding for household goods replacement for august 2021 flood survivors in waverly. | 2023 | $20,000 |
| Good360 | To assist those in need. | 2022 | $1,146,498 |
| The Community Fdn of Middle Tn Inc | To support reimbursement for furniture, bedding, and additional household items for 49 flood survivor households ($23,924) and additional furniture purchases for anticipated cases assigned through case management referrals ($26,076). | 2022 | $50,000 |
| The Community Fdn of Middle Tn Inc | To purchase semi-load of furniture to distribute to humphreys county flood survivors. | 2022 | $38,065 |
| Good360 | To assist those in need. | 2021 | $1,181,908 |
| Good360 | To assist those in need | 2020 | $861,055 |
| Good360 | To assist those in need | 2020 | $191,485 |
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Frequently asked questions
- Is High Socks For Hope Inc a legitimate nonprofit?
- Yes. High Socks For Hope Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-1490170, based in Northport, Alabama. Donations are tax-deductible.
- What is High Socks For Hope Inc's EIN?
- High Socks For Hope Inc's Employer Identification Number (EIN) is 46-1490170.
- How much revenue does High Socks For Hope Inc report?
- High Socks For Hope Inc reported $2,704,715 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does High Socks For Hope Inc have?
- CharityIndex grades High Socks For Hope Inc B, based on financial health (reserves and operating margin).
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Data for High Socks For Hope Inc (EIN 46-1490170) 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.