Hesed House Of Hope Inc

Organization Overview

Hesed House Of Hope Inc is located in Lincolnton, NC. The organization was established in 2009. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Hesed House Of Hope Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hesed House Of Hope 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 12/2023, Hesed House Of Hope Inc generated $479.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $339.3k during the year ending 12/2023. While expenses have increased by 18.6% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE A HOMELESS SHELTER TO PROVIDE SHELTER AND FOOD TO THOSE WHO ARE WITHOUT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PREVENT QUALIFYING CLIENTS, (THOSE WHO PASS A DRUG AND BREATHALYZER TEST), FROM SLEEPING IN THE STREETS, IN VEHICLES, OR SUBSTANDARD HOUSING YEAR ROUND. CLIENTS WHO ARE IN TRANSITION, NEED TIME TO RAISE UTILITY OR RENTAL DEPOSITS, AND OTHER HARD LUCK CIRCUMSTANCES THAT LOW INCOME FAMILIES EXPERIENCE.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Carroll
Board Member
$0
Wanda Clary
Board Member
$0
Ce'leste Frazier
Fundraising
$0
Aaron Grooms
Board Member
$0
Kelley Miles
Hr Chair
$0
Kalob Rudisill
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$17,500
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $255,000
All other contributions, gifts, grants, and similar amounts not included above$206,918
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$479,418
Total Program Service Revenue$0
Investment income $327
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$96
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $479,649

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