Hopebound Ministries Inc
- Assets
- $346.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1946
- EIN
- 20-0123458
Organization Overview
Hopebound Ministries Inc is located in Chicago, IL. The organization was established in 1946. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Hopebound Ministries Inc 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 undefined, Hopebound Ministries Inc generated $142.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $477.0k during the year ending undefined. While expenses have increased by 14.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,595 |
| Total Program Service Revenue | $11,771 |
| Membership dues | $0 |
| Investment income | $51 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $142,417 |
| Statement of Expenses | |
|---|---|
| Total expenses | $476,958 |
| Balance Sheet | |
|---|---|
| Total assets | $346,101 |
| Total liabilities | $39,519 |
| Net assets or fund balances | $306,582 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hopebound Ministries Inc has recieved totaling $43,500.
| Awarding Organization | Amount |
|---|---|
Pittsburgh Foundation Pittsburgh, PA PURPOSE: RELIGION-RELATED | $23,500 |
Community Foundation Of Greater Johnstown Johnstown, PA PURPOSE: SUMMER ENRICHMENT FO | $20,000 |
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