Overview

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Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

RAY OF HOPE INSTITUTE INC is a nonprofit organization dedicated to providing support for abused women, with a focus on mental health counseling. Operating with a budget of $2 million and generating total revenue of $2.6 million in 2024, the organization benefits from substantial backing from multiple funders, none of which provide 50% or more of its revenue. More information can be found on their website at RAYOFHOPEUS.ORG.

Mission Statement

TO PROVIDE SUPPORT FOR ABUSED WOMEN
Revenues
$2.6M
Expenses
$2M
Net Income:
+$532.5K
Assets
$1.3M
Liabilities
$177.1K
Net Assets:
+$1.1M
Operating Budget
$2M
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
15
Median grant size
$10K
Largest grant received
$232.8K
Z
Zeldy Brodye
Board Member
B
Ben Phillipson
Board Member
A
Adam Offman
Board Member

Frequently Asked Questions

What is RAY OF HOPE INSTITUTE INC’s budget?
In 2024, RAY OF HOPE INSTITUTE INC reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does RAY OF HOPE INSTITUTE INC support?
RAY OF HOPE INSTITUTE INC supports work in Mental health counseling.
Where does RAY OF HOPE INSTITUTE INC operate?
RAY OF HOPE INSTITUTE INC is headquartered in NEW CITY, NY.
Who funded RAY OF HOPE INSTITUTE INC recently?
In 2024, RAY OF HOPE INSTITUTE INC received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, THE OJC FUND, and United Jewish Appeal - Federation Of Jewish Philanthropies Of New York. More information on this organization’s funders is available to registered users.
What is the largest grant RAY OF HOPE INSTITUTE INC received in 2024?
The largest grant to RAY OF HOPE INSTITUTE INC in 2024 exceeds $233 thousand.