Increasing HOPE

North Charleston, SC, US
501(c)3
EIN
75-3070026
Logo for "Increasing HOPE"
North Charleston, SC, US
501(c)3
EIN
75-3070026

Overview

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Est.

2005

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Increasing H.O.P.E is a nonprofit organization based in South Carolina, dedicated to fostering financial freedom and stability for families through financial education and training. With an operating budget of $652.1K and total revenue of $694.1K for the 2024 filing year, the organization relies on diverse funding sources and does not depend on a single funder for 50% or more of its revenue. For more information, visit their website at www.increasinghope.org.

Mission Statement

The mission of Increasing H.O.P.E financial training center is to create financial freedom and stability for families in South Carolina by building assets through financial education and training.
Revenues

$694.1K

Expenses

$652.1K

Net Income:
+$42K
Assets

$234.6K

Liabilities

$238.3K

Net Assets:
-$3.8K
Operating Budget

$652.1K

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

5

Median grant size
$50K
Largest grant received
$70K
D
Dorthea Bernique
Board Member
J
Jill Whisonant
Board Member
L
Lordanis Karagiannidis Ph D
Board Member

Frequently Asked Questions

What is Increasing HOPE’s budget?
In 2024, Increasing HOPE reported an annual operating budget of around $652 thousand. More detailed financial information is available to registered users.
What causes does Increasing HOPE support?
Increasing HOPE supports work in Financial counseling.
Where does Increasing HOPE operate?
Increasing HOPE is headquartered in North Charleston, SC.
Who funded Increasing HOPE recently?
In 2024, Increasing HOPE received grants from COASTAL COMMUNITY FOUNDATION OF SOUTH CAROLINA INC, South Carolina Association for Community Economic Development, and THE DAVID S HOWE FOUNDATION C/O PRAGER METIS CPAS LLC. More information on this organization’s funders is available to registered users.
What is the largest grant Increasing HOPE received in 2024?
The largest grant to Increasing HOPE in 2024 exceeds $70 thousand.
What is Increasing HOPE’s reliance on government grants?
Increasing HOPE relied on government grants for more than 35% of their total revenue in 2024.
Overview
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