Hope House I Inc
Only null% goes to programs Strong reserves Growing revenue
Hope House I Inc is a 501(c)(3) organization based in Jackson, Michigan, registered in 1975, with $350,864 in FY2024 revenue. CharityIndex grades it B.
2111 Bondsteel Dr, Jackson, MI, 49202 EIN 23-7444959 Since 1975
Revenue (FY2024)
$351K
▲ 3.3% vs prior year
Human Services median: $293K
Expenses (FY2024)
$340K
Net assets
$473K
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 House I 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 rating17 mo reserves · +3% 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 House I Inc: 17 mo reserves · +3% 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 House I 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 House I Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2111 Bondsteel Dr, Jackson, MI, 49202
- City
- Jackson
- State
- Michigan
- Category
- Human Services
- Subcategory
- Residential Care
- Website
- …
Financial trends
Revenue grew from $297K (FY2013) to $351K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7,283Net assets $473K
Operating margin
3.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$481K
Total liabilities
$7,283
Net assets
$473K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $350,864▲3.3% | $339,960▲10.5% | $473,268▼1.3% | $480,551▼3.1% | 990 |
| 2023 | $339,818▲2.1% | $307,754▼2.3% | $479,364▲7.2% | $495,731▲6.1% | 990 |
| 2022 | $332,779▲45.0% | $315,049▲17.8% | $447,300▲21.9% | $467,026▲9.3% | 990 |
| 2021 | $229,458▲2.4% | $267,467▲0.9% | $367,031▼8.5% | $427,455▲0.2% | 990 |
| 2020 | $224,051▼10.7% | $265,143▲4.0% | $401,275▼9.3% | $426,719▼6.1% | 990 |
| 2019 | $250,898▲1.7% | $254,903▲6.9% | $442,367▼0.9% | $454,675▼11.3% | 990 |
| 2018 | $246,700▲4.5% | $238,375▼25.6% | $446,372▲333% | $512,580▲3.2% | 990 |
| 2017 | $236,091▼16.2% | $320,391▼6.6% | -$191,953▼78.3% | $496,630▲2.0% | 990 |
| 2016 | $281,753▼2.3% | $342,974▲42.1% | -$107,653▼112% | $486,946▼49.1% | 990 |
| 2015 | $288,452▼3.1% | $241,317▲0.4% | $898,890▲5.5% | $957,186▲2.2% | 990 |
| 2014 | $297,568▲0.3% | $240,451▼34.5% | $851,755▲1147% | $936,319▲77.1% | 990 |
| 2013 | $296,676 | $366,916▼6.3% | $68,318▼44.8% | $528,751▲3.4% | 990 |
| 2012 | — | $391,546▲2.2% | $123,862▼39.8% | $511,551▲1.7% | 990 |
| 2011 | — | $383,271▲13.1% | $205,906▼33.9% | $503,018▲6.0% | 990 |
| 2010 | — | $339,024 | $311,494 | $474,707 | 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 House I Inc a legitimate nonprofit?
- Yes. Hope House I Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7444959, based in Jackson, Michigan. Donations are tax-deductible.
- What is Hope House I Inc's EIN?
- Hope House I Inc's Employer Identification Number (EIN) is 23-7444959.
- How much revenue does Hope House I Inc report?
- Hope House I Inc reported $350,864 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hope House I Inc have?
- CharityIndex grades Hope House I Inc B, based on financial health (reserves and operating margin).
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Data for Hope House I Inc (EIN 23-7444959) 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.