Community Hope Fund Inc

Organization Overview

Community Hope Fund Inc is located in Oakhurst, NJ. The organization was established in 2009. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Hope Fund 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 12/2021, Community Hope Fund Inc generated $40.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $21.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY HOPE FUND, INC. IS A 501(C)3 NONPROFIT ORGANIZATION THAT PROMOTES YOUTH DEVELOPMENT AND SUPPORTS THE CHARITABLE NEEDS OF THE TOWNSHIP OF OCEAN AND SURROUNDING COMMUNITIES IN NEW JERSEY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE YOUTH DEVELOPMENT AND SUPPORT CHARITABLE NEEDS OF THE TOWNSHIP OF OCEAN AND THE SURROUNDING COMMUNITIES IN NEW JERSEY


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$16,122
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$16,122
Total Program Service Revenue$0
Investment income $7,208
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $17,323
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $40,653

Grants Awarded

Over the last fiscal year, Community Hope Fund Inc has awarded $20,300 in support to 5 organizations.

Grant RecipientAmount

TOWNSHIP OF OCEAN

PURPOSE: DONATION

$7,100

BOYS AND GIRLS CLUBS OF MONMOUTH COUNTY

PURPOSE: DONATION

$5,000

PROJECT EXTEND

PURPOSE: CAMP SCHOLARSHIP

$3,000

TOWNSHIP OF OCEAN POLICE

PURPOSE: DONATION

$2,700

TOWNSHIP OF OCEAN LITTLE LEAGUE

PURPOSE: DONATION

$2,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Community Hope Fund Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Mullin Family Foundation

Ocean, NJ

PURPOSE: CHARITABLE CONTRIBUTION

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$315,268
Earnings-$8,865
Ending Balance$306,403

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