Charity Search / HOPE REDEMPTION CENTER
Religion-Related (X11) 990 on File

HOPE REDEMPTION CENTER

EIN: 84-4110138 · SIOUX CITY, IA 51106-4205 · United States · FY 2023 Data
3 out of 5 46 / 100 Based on 2+ years of filings
Financial strength (30%) 68/100
Reliability (20%) 45/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$453K
Total Revenue
$425K
Total Expenses
$133K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 3.74x
Liability-to-Asset 1.5%
Revenue Diversification 93.2%
Compared with Peers
FY 2023
Compared with 11,882 similar organizations (United States, Religion-Related, $100K–$1M in expenses), FY 2023.
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
100.0% 87.2%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.0% 9.0%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
3.7 mo 7.8 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
1.5% 0.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
93.2% 99.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
18.2% 5.8%
P10P90
Expense growth
Year over year expense growth
17.5% 9.5%
P10P90
Surplus margin
Surplus as a share of revenue
6.1% 1.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $453K $425K $133K 100.0% 4
2022 $383K $362K $109K 100.0% 7
2021 $381K $319K N/A 9
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Organization Details
EIN
84-4110138
State
IA
City
SIOUX CITY
ZIP
51106-4205
Classification
X11
Category
Religion-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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