Ray Of Hope Project is located in Philadelphia, PA. The organization was established in 2004. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ray Of Hope Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Ray Of Hope Project generated $25.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $19.6k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
REPAIR STRUCTURAL DAMAGES TO LOW INCOME HOUSING
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $25,119 |
Total Revenue | $25,119 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,578 |
Total expenses | $19,578 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,298 |
Other assets | $0 |
Total assets | $7,298 |
Total liabilities | $0 |
Net assets or fund balances | $7,298 |
Over the last fiscal year, we have identified 2 grants that Ray Of Hope Project has recieved totaling $12,621.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $12,583 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Organization Name | Assets | Revenue |
---|---|---|
People Working Cooperatively Inc Cincinnati, OH | $8,365,996 | $9,385,088 |
Tioga Opportunities Inc Owego, NY | $6,623,346 | $5,643,781 |
East Akron Neighborhood Development Corporation Akron, OH | $35,988,464 | $4,723,818 |
Puertorriguenos Asociados For Community Organization Inc Jersey City, NJ | $2,164,949 | $2,929,445 |
Rebuilding Together Philadelphia Philadelphia, PA | $1,909,589 | $2,697,411 |
Rebuilding Together Nyc Brooklyn, NY | $1,427,304 | $2,371,566 |
Margert Community Corporation Far Rockaway, NY | $3,330,961 | $2,086,587 |
Neighborhood Housing Services Of Brooklyn Cdc Inc Brooklyn, NY | $1,795,417 | $1,982,493 |
Lucille Clark Housing Development Fund Co Inc New York, NY | $2,660,768 | $778,673 |
The Parodneck Foundation For Self-H Elp Housing & Community Dvlpnt Inc New York, NY | $15,240,279 | $682,026 |
Northwest Pennsylvania Weatherization Inc Meadville, PA | $440,849 | $827,625 |
Stoneleigh Housing Inc Canastota, NY | $1,255,218 | $979,437 |