HOPE WORKS INC

Memphis, TN, US
501(c)3
EIN
62-1743371
Logo for "HOPE WORKS INC"
Memphis, TN, US
501(c)3
EIN
62-1743371

Overview

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Est.

1998

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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HOPE WORKS INC is a nonprofit organization dedicated to serving under-resourced individuals through outreach programs that foster personal responsibility and the value of work, with a mission to break the cycles of crime, addiction, and generational poverty. Operating with a budget of $5.3 million and generating total revenue of $5.8 million, the organization implements a holistic approach that includes daily classes, meals, educational training, and spiritual counseling. HOPE WORKS INC does not rely on a single funder for 50% or more of its revenue and is focused on making a significant impact in its community. For more information, visit their website at whyhopeworks.org.

Mission Statement

HOPEWORKS, INC. IS A NOT-FOR-PROFIT ORGANIZATION THAT SEEKS TO SERVE THE UNDER-RESOURCED THROUGH OUTREACH PROGRAMS THAT DEVELOP INDIVIDUAL WORTH, ENCOURAGE PERSONAL RESPONSIBILITY AND PROMOTE THE HONOR AND VALUE OF WORK. BY IMPLEMENTING A HOLISTIC APPROACH THROUGH DAILY CLASSES AND MEALS, EDUCATIONAL TRAINING AND SPIRITUAL COUNSELING, HOPEWORKS STRIVES TO BREAK THE CYCLE OF CRIME, ADDICTION AND GENERATIONAL POVERTY THAT TRAPS SO MANY IN OUR CITY.
Revenues

$5.8M

Expenses

$5.3M

Net Income:
+$501.7K
Assets

$6.2M

Liabilities

$462.1K

Net Assets:
+$5.7M
Operating Budget

$5.3M

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

7

Median grant size
$15.3K
Largest grant received
$70K
R
Ron Wade
Board Member
B
Beverly Lattimore
Board Member
P
Patrick Parson
Board Member

Frequently Asked Questions

What is HOPE WORKS INC’s budget?
In 2024, HOPE WORKS INC reported an annual operating budget of around $5.3 million. More detailed financial information is available to registered users.
What causes does HOPE WORKS INC support?
HOPE WORKS INC supports work in Education, Public administration, and Job Preparation & Procurement.
Where does HOPE WORKS INC operate?
HOPE WORKS INC is headquartered in Memphis, TN.
Who funded HOPE WORKS INC recently?
In 2025, HOPE WORKS INC received grants from COMMUNITY FOUNDATION OF GREATER MEMPHIS INC, IRVIN LANSKY FOUNDATION, and COMMUNITY FOUNDATION OF GREATER MEMPHIS INC. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE WORKS INC received in 2024?
The largest grant to HOPE WORKS INC in 2024 exceeds $70 thousand.
What is HOPE WORKS INC’s reliance on government grants?
HOPE WORKS INC relied on government grants for more than 50% of their total revenue in 2024.
Overview
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