Love And Hope Ministries
- Assets
- $90.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Bch, VA
- Founding
- 11/2004
- Data as of
- 12/2022
- EIN
- 42-1621179
Organization Overview
Love And Hope Ministries is located in Virginia Bch, VA. The organization was established in 2004. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love And Hope Ministries 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 12/2022, Love And Hope Ministries generated $110.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $139.6k during the year ending 12/2022. While expenses have increased by 10.6% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Yabbeju Rapaka President | 30 | $30,000 | |
Rev Gloria Rapaka Board Member | 5 | $0 | |
Mr Douglas Ross Board Member | 1 | $0 | |
Mrs Martha Ross Board Member | 1 | $0 | |
Mr J Stuart Driscoll Board Member | 1 | $0 | |
Dr Pamela Lee Secretar Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,683 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,689 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,000 |
| Professional fees and other payments to independent contractors | $2,510 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $331 |
| Other expenses | $0 |
| Total expenses | $139,607 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,874 |
| Other assets | $0 |
| Total assets | $90,774 |
| Total liabilities | $17,656 |
| Net assets or fund balances | $73,118 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
World Relief Corp Of National Association Of Evangelicals Baltimore, MD | $37,205,019 | $88,134,638 |
World Central Kitchen Incorporated Washington, DC | $115,400,907 | $122,852,447 |
Relief International Inc Washington, DC | $18,093,145 | $70,140,451 |
Blumont Global Development Inc Arlington, VA | $10,315,810 | $52,380,007 |
Rise Against Hunger Raleigh, NC | $11,336,568 | $47,200,303 |
Halo Trust Usa Inc Washington, DC | $9,736,478 | $47,613,594 |
Results For Development Institute Inc Washington, DC | $16,759,449 | $40,353,687 |
Lutheran World Relief Inc Baltimore, MD | $72,287,667 | $69,634,457 |
Mana Nutritive Aid Products Inc Matthews, NC | $67,621,644 | $74,041,127 |
Christian Relief Services Charities Inc Alexandria, VA | $4,032,952 | $38,457,221 |
International Orthodox Christian Charities Inc Baltimore, MD | $21,145,773 | $37,778,660 |