Hope Homes I & II Inc
Only null% goes to programs Strong reserves
Hope Homes I & II Inc is a 501(c)(3) organization based in Huntsville, Tennessee, registered in 2000, with $34,002 in FY2023 revenue. CharityIndex grades it D.
641 Baker Hwy, Huntsville, TN, 37756 EIN 62-1823910 Since 2000
Revenue (FY2023)
$34K
▲ 5.5% vs prior year
Housing median: $408K
Expenses (FY2023)
$45K
Net assets
$203K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Homes I & II Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating54 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 Homes I & II Inc: 54 mo reserves · -34% margin earns a D 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 Homes I & II Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Homes I & II Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 641 Baker Hwy, Huntsville, TN, 37756
- City
- Huntsville
- State
- Tennessee
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue held steady from $34K (FY2013) to $34K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $54KNet assets $203K
Operating margin
-33.5%
Spent more than it raised in the latest fiscal year.
Total assets
$257K
Total liabilities
$54K
Net assets
$203K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $34,002▲5.5% | $45,394▲6.3% | $202,990▼5.3% | $256,852▼3.4% | 990 |
| 2022 | $32,218▼2.1% | $42,687▲3.6% | $214,382▼4.7% | $265,954▼5.8% | 990 |
| 2021 | $32,901▼13.4% | $41,200▼38.4% | $224,851▼3.6% | $282,468▼5.9% | 990 |
| 2020 | $37,972▼3.8% | $66,863▲55.6% | $233,150▼11.0% | $300,330▼5.8% | 990 |
| 2019 | $39,460▲4.5% | $42,966▲10.2% | $262,043▲2.9% | $318,812▲1.6% | 990 |
| 2018 | $37,761▲4.0% | $38,995▼12.9% | $254,756▼0.5% | $313,861▼1.4% | 990 |
| 2017 | $36,311▼4.0% | $44,758▼6.7% | $255,990▼19.1% | $318,376▼5.9% | 990 |
| 2016 | $37,810▲36.0% | $47,972▲25.5% | $316,384▼3.1% | $338,364▼0.3% | 990 |
| 2015 | $27,803▼11.0% | $38,218▼8.2% | $326,546▼3.1% | $339,355▼4.7% | 990 |
| 2014 | $31,242▼8.0% | $41,630▲4.5% | $336,961▼3.0% | $356,052▲1.2% | 990 |
| 2013 | $33,959 | $39,837▲4.3% | $347,349▼1.7% | $351,921▼4.7% | 990 |
| 2012 | — | $38,205▲8.7% | $353,227▼0.6% | $369,333▼0.8% | 990 |
| 2011 | — | $35,137 | $355,471 | $372,302 | 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.
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Frequently asked questions
- Is Hope Homes I & II Inc a legitimate nonprofit?
- Yes. Hope Homes I & II Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1823910, based in Huntsville, Tennessee. Donations are tax-deductible.
- What is Hope Homes I & II Inc's EIN?
- Hope Homes I & II Inc's Employer Identification Number (EIN) is 62-1823910.
- How much revenue does Hope Homes I & II Inc report?
- Hope Homes I & II Inc reported $34,002 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Hope Homes I & II Inc have?
- CharityIndex grades Hope Homes I & II Inc D, based on financial health (reserves and operating margin).
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Data for Hope Homes I & II Inc (EIN 62-1823910) 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.