Hope & Passion Ministries is a 501(c)(3) organization based in Irwin, Pennsylvania, registered in 2008, with $351,182 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$351K
▲ 9.0% vs prior year
Religion median: $139K
Expenses (FY2024)
$175K
Net assets
$655K
Employees
—
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 →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 Hope & Passion Ministries— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Hope & Passion Ministries: 45 mo reserves · +50% margin earns a A on this criterion. See the exact thresholds →
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 Hope & Passion Ministries— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Hope & Passion Ministries: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $145K (FY2020) to $351K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
50.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$829K
Total liabilities
$175K
Net assets
$655K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $351,182▲9.0% | $174,849▲6.7% | $654,581▲40.5% | $829,430▲31.6% | 990 |
| 2023 | $322,080▲3.4% | $163,943▲17.0% | $465,772▲39.3% | $630,361▲32.9% | 990 |
| 2022 | $311,339▲45.9% | $140,070▲40.7% | $334,304▲61.2% | $474,374▲54.6% | 990 |
| 2021 | $213,375▲46.9% | $99,567▲42.0% | $207,383▲8.8% | $306,886▲61.0% | 990 |
| 2020 | $145,299 | $70,121 | $190,602 | $190,602 | 990EZ |
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.
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Data for Hope & Passion Ministries (EIN 26-0498441) 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.