HOPE Inc
AI Summary
HOPE Inc is a nonprofit organization dedicated to providing homeownership opportunities for low to moderate income families, with a mission to revitalize neighborhoods without gentrification. Operating with a budget of $230.8K and total revenue of $752.1K in 2024, the organization relies on multiple funders, none of which contribute more than 50% of its total revenue. For more information, visit their website at www.hopenewlondon.org.
Mission Statement
H.O.P.E.'s mission is to provide homeownership opportunities to low to moderate income families. We seek to revitalize neighborhoods without gentrification.
Cause Areas
1
Public housing
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See similar nonprofits by cause and location, their funders, and their grants.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is HOPE Inc’s budget?
In 2024, HOPE Inc reported an annual operating budget of around $231 thousand. More detailed financial information is available to registered users.
What causes does HOPE Inc support?
HOPE Inc supports work in Public housing.
Where does HOPE Inc operate?
HOPE Inc is headquartered in New London, CT.
Who funded HOPE Inc recently?
In 2024, HOPE Inc received grants from CHELSEA GROTON FOUNDATION, SHEA MARY E EST TR UW, and The Rands Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE Inc received in 2024?
The largest grant to HOPE Inc in 2024 exceeds $20 thousand.
What is HOPE Inc’s reliance on government grants?
HOPE Inc relied on government grants for more than 5% of their total revenue in 2024.