Charity Search / HOPE IGNITED INC
Food, Agriculture & Nutrition (K30) 990 on File

HOPE IGNITED INC

EIN: 27-0045493 · ARGYLE, TX 76226-1537 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 55/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$1.0M
Total Revenue
$738K
Total Expenses
$4.0M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 68.4%
Fundraising Efficiency N/A
Operating Reserve 65.75x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Executive Compensation $133K
Compared with Peers
FY 2024
Compared with 1,857 similar organizations (United States, Food, Agriculture & Nutrition, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
68.4% 89.7%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
22.4% 7.6%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
9.3% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
65.8 mo 10.9 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.6%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 96.4%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-7.1% 10.3%
P10P90
Expense growth
Year over year expense growth
47.8% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
27.1% 4.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.0M $738K $4.0M 68.4% 0
2023 $1.1M $499K $3.8M 69.4% 0
2022 $1.3M $490K $3.2M 69.1% 0
2021 $1.8M $231K N/A — 0
2019 $561K $285K N/A — 0
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Organization Details
EIN
27-0045493
State
TX
City
ARGYLE
ZIP
76226-1537
Classification
K30
Category
Food, Agriculture & Nutrition
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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