Community Improvement
(S20)
990 on File
HOPE ENTERPRISE CORPORATION
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$46.0M
Total Revenue
$27.4M
Total Expenses
$63.6M
Net Assets
62
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.5%
Fundraising Efficiency
N/A
Operating Reserve
27.83x
Liability-to-Asset
61.6%
Revenue Diversification
89.8%
Executive Compensation
$1.1M
Compared with Peers
FY 2024
Compared with 285 similar organizations
(United States, Community Improvement, $10M–$100M 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
|
70.5% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
27.3% | 8.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.2% | 0.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.8 mo | 5.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
61.6% | 40.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.8% | 91.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
142.3% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.2% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
40.4% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $46.0M | $27.4M | $63.6M | 70.5% | 62 |
| 2023 | $19.0M | $25.1M | $47.0M | 71.9% | 58 |
| 2022 | $16.5M | $13.8M | $52.3M | 52.3% | 326 |
| 2021 | $25.0M | $24.1M | N/A | — | 297 |
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