Human Services
(P50)
IRS Verified
DX Registered
HOPE FOR ADDICTION INC
CharityAI™ Score
Not yet evaluated
Mission Statement
The purpose of Hope for Addiction is to walk alongside, equip and care for those who struggle with addiction. We teach people HOW to live free from substances. Freedom House provides a safe, long-term transition home to support at-risk women and children to become self-sufficient and independent.
Financial Overview — FY 2023
$455K
Total Revenue
$396K
Total Expenses
$252K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.7%
Fundraising Efficiency
0.0%
Operating Reserve
7.64x
Liability-to-Asset
68.9%
Revenue Diversification
90.6%
Impact
5 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| At-risk single women, single moms and children are self-sufficient and independent | 10 | $100.00 | 10 | Per Month |
| Provide a safe, long-term housing for successful transition, per night | 6,205 | $32.00 | 6,205 | Per Day |
| Assist women to find and maintain employment with the goal to achieve an income to support herself | 10 | $100.00 | 7 | Per Month |
| At-risk women provided counseling services to address issues of trauma, domestic abuse, addiction | 300 | $60.00 | 300 | Per Day |
| Parenting classes and Individualized parenting plans | 30 | $500.00 | 30 | Per Month |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $455K | $396K | $252K | 88.7% | 5 |
| 2022 | $289K | $325K | N/A | — | 6 |
| 2021 | $295K | $308K | N/A | — | 5 |
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