Hope Farm Inc
Only null% goes to programs Strong reserves Growing revenue
Hope Farm Inc is a 501(c)(3) organization based in Fort Worth, Texas, registered in 1992, with $3,891,305 in FY2024 revenue. CharityIndex grades it B.
865 E Ramsey Ave, Fort Worth, TX, 76104 EIN 75-2473753 Since 1992
Revenue (FY2024)
$3.9M
▲ 61.7% vs prior year
Human Services median: $293K
Expenses (FY2024)
$2.6M
Net assets
$9.8M
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 Hope Farm 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 rating45 mo reserves · +34% 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 Hope Farm Inc: 45 mo reserves · +34% 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 Hope Farm 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 Hope Farm Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 865 E Ramsey Ave, Fort Worth, TX, 76104
- City
- Fort Worth
- State
- Texas
- Category
- Human Services
- Subcategory
- Residential Care
- Website
- …
Financial trends
Revenue grew from $1.4M (FY2013) to $3.9M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $18KNet assets $9.8M
Operating margin
33.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.8M
Total liabilities
$18K
Net assets
$9.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,891,305▲61.7% | $2,584,491▲7.4% | $9,760,039▲16.6% | $9,778,293▲15.6% | 990 |
| 2023 | $2,406,846▼47.5% | $2,406,286▲20.4% | $8,370,514▲1.4% | $8,456,680▲1.0% | 990 |
| 2022 | $4,583,026▲130% | $1,997,983▲4.5% | $8,250,917▲45.7% | $8,373,885▲46.1% | 990 |
| 2021 | $1,990,961▼3.4% | $1,911,799▼4.2% | $5,662,441▲1.3% | $5,730,429▲1.3% | 990 |
| 2020 | $2,060,589▲8.0% | $1,994,884▲3.8% | $5,589,507▲1.3% | $5,659,046▲1.0% | 990 |
| 2019 | $1,908,131▲50.1% | $1,922,004▲15.1% | $5,515,439▼0.2% | $5,601,880 | 990 |
| 2018 | $1,270,988▼32.7% | $1,670,126▲6.3% | $5,525,277▼6.7% | $5,601,042▼7.3% | 990 |
| 2017 | $1,888,982▲25.2% | $1,570,972▲5.6% | $5,920,105▲5.7% | $6,040,721▲7.1% | 990 |
| 2016 | $1,508,735▲18.9% | $1,487,575▼2.2% | $5,600,875▲0.4% | $5,640,949▲0.3% | 990 |
| 2015 | $1,268,434▼11.4% | $1,520,566▼8.3% | $5,579,715▲7.0% | $5,623,335▲7.2% | 990 |
| 2013 | $1,430,939 | $1,658,026▲20.7% | $5,212,451▼4.2% | $5,247,187▼5.5% | 990 |
| 2012 | — | $1,373,984▲28.3% | $5,439,538▼2.4% | $5,552,113▼2.4% | 990 |
| 2011 | — | $1,071,154▲2.3% | $5,571,459▲16.3% | $5,691,031▲17.6% | 990 |
| 2010 | — | $1,047,414 | $4,792,354 | $4,838,954 | 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 · $2.6M total
116 grants to Hope Farm Inc totaling $2.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Kansas City Community Foundation | Human services | 2024 | $200,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $65,631 |
| The Dallas Foundation | General support | 2024 | $51,000 |
| National Christian Charitable Foundation | Children's and youth ministry | 2024 | $39,500 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $25,000 |
| Christian Community Foundation Inc | "general support | 2024 | $20,000 |
| Independent Charitable Gift Fund | General support | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $8,976 |
| Charities Aid Foundation America | Charitable donation | 2024 | $5,383 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $45,833 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $45,300 |
| National Philanthropic Tr | Human services | 2023 | $45,250 |
| National Christian Charitable Foundation | Growth | 2023 | $41,750 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2023 | $25,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $22,750 |
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Frequently asked questions
- Is Hope Farm Inc a legitimate nonprofit?
- Yes. Hope Farm Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2473753, based in Fort Worth, Texas. Donations are tax-deductible.
- What is Hope Farm Inc's EIN?
- Hope Farm Inc's Employer Identification Number (EIN) is 75-2473753.
- How much revenue does Hope Farm Inc report?
- Hope Farm Inc reported $3,891,305 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hope Farm Inc have?
- CharityIndex grades Hope Farm Inc B, based on financial health (reserves and operating margin).
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Data for Hope Farm Inc (EIN 75-2473753) 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.