I Hope Ministries is a 501(c)(3) organization based in Garland, Texas, registered in 2014, with $261,927 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$262K
▼ 10.0% vs prior year
Religion median: $139K
Expenses (FY2024)
$245K
Net assets
$49K
Employees
—
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 I Hope 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 I Hope Ministries: 2 mo reserves · +6% margin earns a B 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 I Hope 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 I Hope Ministries: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $121K (FY2014) to $262K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
6.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$56K
Total liabilities
$7,155
Net assets
$49K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $261,927▼10.0% | $245,434▼17.1% | $48,583▲59.9% | $55,738▲81.5% | 990 |
| 2023 | $290,930▲49.5% | $295,961▲48.7% | $30,382▼14.2% | $30,707▼13.5% | 990 |
| 2022 | $194,606▼5.1% | $199,054▼10.0% | $35,413▼11.2% | $35,484▼11.5% | 990 |
| 2021 | $204,983▲6.2% | $221,050▲20.8% | $39,861▼28.7% | $40,093▼28.3% | 990 |
| 2020 | $192,982▲16.8% | $183,012▼1.7% | $55,930▲21.7% | $55,930▲21.7% | 990EZ |
| 2019 | $165,292▲147% | $186,122▲167% | $45,960▼31.2% | $45,960▼31.2% | 990EZ |
| 2018 | $67,041▼26.5% | $69,779▼13.1% | $66,791▼3.9% | $66,791▼3.9% | 990EZ |
| 2017 | $91,173▲79.4% | $80,260▲74.7% | $69,529▲18.6% | $69,529▲18.6% | 990EZ |
| 2016 | $50,828▼54.6% | $45,934▼63.7% | $58,616▲9.1% | $58,616▲9.1% | 990EZ |
| 2015 | $111,908▼7.8% | $126,469▲138% | $53,722▼21.3% | $53,722▼21.3% | 990EZ |
| 2014 | $121,333 | $53,050 | $68,283 | $68,283 | 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.
6 grants to I Hope Ministries totaling $78K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Spiritual development | 2024 | $37,256 |
| National Christian Charitable Foundation | Evangelism | 2023 | $16,291 |
| Donor Advised Charitable Giving | Religion related | 2023 | $7,000 |
| National Christian Charitable Foundation | Evangelism | 2021 | $6,350 |
| National Christian Charitable Foundation | Evangelism | 2019 | $10,550 |
| National Christian Charitable Foundation | Evangelism | 2018 | $1,000 |
Explore more
Data for I Hope Ministries (EIN 46-2136152) 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.