Overview

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Est.

2008

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

TRUE HOPE is a nonprofit organization dedicated to ministering to single mothers, abandoned children, individuals in prison, those with special needs, orphans, and victims of sex trafficking, both domestically and internationally. With an operating budget of $282,000 and total revenue of $276,200 for the 2024 filing year, the organization engages in various activities such as providing spiritual counseling, conducting public evangelistic activities, and distributing Christian literature. TRUE HOPE does not rely on any single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

The specific purpose for which the corporation is organized is to minister to single mothers, abandoned children, those in prison, individuals with special needs, orphans and victims of sex trafficking by meeting their physical and spiritual needs both domestically and internationally, to teach and preach the gospel through speaking engagements at religious venues, produce and distribute Christian literature, conduct public evangelistic activities, offer bible based classes, provide spiritual counseling, to license and ordain minister of the gospel and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501 (c) (3) of the Internal Revenue Code. This corporation is organized and operated exclusively for religious purposes within the meaning of Section 501 (c) (3), Internal Revenue Code.
Revenues
$276.2K
Expenses
$282K
Net Income:
-$5.8K
Assets
$5.8K
Liabilities
$0
Net Assets:
+$5.8K
Operating Budget
$282K
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
2
Median grant size
$8.8K
Largest grant received
$11K
W
Wayne Hedlund
Board Member
M
Maxim Fetisov
Board Member
J
Jeff Karlson
Board Member

Frequently Asked Questions

What is TRUE HOPE’s budget?
In 2024, TRUE HOPE reported an annual operating budget of around $282 thousand. More detailed financial information is available to registered users.
What causes does TRUE HOPE support?
TRUE HOPE supports work in Christianity, Corrections and penology, Basic and emergency aid, and Youth services.
Where does TRUE HOPE operate?
TRUE HOPE is headquartered in ST. MICHAEL, MN.
Who funded TRUE HOPE recently?
In 2024, TRUE HOPE received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, DONOR ADVISED CHARITABLE GIVING INC, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant TRUE HOPE received in 2024?
The largest grant to TRUE HOPE in 2024 exceeds $11 thousand.