Logo for "HOPE ENTERPRISE CORPORATION"

HOPE ENTERPRISE CORPORATION

HOPE ENTERPRISE CORPORATION

Jackson, MS, US
501(c)3
EIN
64-0851798
Logo for "HOPE ENTERPRISE CORPORATION"

HOPE ENTERPRISE CORPORATION

Jackson, MS, US
501(c)3
EIN
64-0851798

Overview

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Est.

1993

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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HOPE Enterprise Corporation, recognized by EIN 64-0851798, is a nonprofit organization dedicated to strengthening the financial health of individuals in under-resourced communities across the Deep South. With an operating budget of $26.7 million and total revenue of $46 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.hope-ec.org.

Mission Statement

PROVIDING ACCESS TO QUALITY FINANCIAL PRODUCTS/SERVICES.
Revenues

$46M

Expenses

$27.4M

Net Income:
+$18.6M
Assets

$165.5M

Liabilities

$101.9M

Net Assets:
+$63.6M
Operating Budget

$26.7M

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

14

Median grant size
$248.5K
Largest grant received
$28M
W
William Bynum
Board Member
M
Maurice Jones
Board Member
H
Herschell Hamilton
Board Member

Frequently Asked Questions

What is HOPE ENTERPRISE CORPORATION’s budget?
In 2024, HOPE ENTERPRISE CORPORATION reported an annual operating budget of around $26.7 million. More detailed financial information is available to registered users.
What causes does HOPE ENTERPRISE CORPORATION support?
HOPE ENTERPRISE CORPORATION supports work in Community improvement.
Where does HOPE ENTERPRISE CORPORATION operate?
HOPE ENTERPRISE CORPORATION is headquartered in Jackson, MS.
Who funded HOPE ENTERPRISE CORPORATION recently?
In 2024, HOPE ENTERPRISE CORPORATION received grants from The Chicago Community Trust, Silicon Valley Community Foundation, and ENTERPRISE COMMUNITY PARTNERS INC. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE ENTERPRISE CORPORATION received in 2024?
The largest grant to HOPE ENTERPRISE CORPORATION in 2024 exceeds $28 million.
What is HOPE ENTERPRISE CORPORATION’s reliance on government grants?
HOPE ENTERPRISE CORPORATION relied on government grants for more than 10% of their total revenue in 2024.
Overview
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