Hope International Ministries Inc

Organization Overview

Hope International Ministries Inc, operating under the name Hope Children's Home, is located in Tampa, FL. The organization was established in 1973. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2021, Hope Children's Home employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Children's Home 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 06/2021, Hope Children's Home generated $5.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.1m during the year ending 06/2021. 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

TO RESCUE THE NEXT GENERATION. THIS ORGANIZATION PROVIDES A STABLE AND LOVING CHRISTIAN HOME FOR DISPLACED CHILDREN. THE CARE OF THESE CHILDREN INCLUDE FOOD, SHELTER, EDUCATION AND FAITH BASED ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOUNDED IN 1968 HOPE INTERNATIONAL MINISTRIES INC. HAS BEEN RESCUING CHILDREN FOR MORE THAN 50 YEARS. THESES CHILDREN ARE FROM ABUSIVE, ORPHANED, AND NEGLECTED SITUATIONS AND COME TO THE MINISTRY FROM FLORIDA AND ALL AROUND THE WORLD. LOCATED IN TAMPA, FL ON 55 ACRES OF BEAUTIFUL WOODLANDS, THE STAFF OF HOPE LIVE ON CAMPUS, WHICH ENABLES THEM TO PROVIDE AROUND THE CLOCK CARE AND SUPPORT TO THE RESIDENT CHILDREN. IN 2020, HOPE CARED FOR 145 CHILDREN, PROVIDING NOT JUST A LOVING HOME, BUT ALSO A QUALITY EDUCATION IN THEIR EDUCATIONAL PROGRAM. HOPE CARES FOR CHILDREN FROM INFANTS THROUGH 18 YEARS OLD, PROVIDING EDUCATION FROM PRESCHOOL THROUGH HIGH SCHOOL. THE GRADUATION RATE OF THE PROGRAM FAR EXCEEDS STATE WIDE AVERAGES.OVER 90% OF THE CHILDREN CONTINUE ON TO PURSUE A COLLEGE EDUCATION, AND HOPE PROVIDES TUITION ASSITANCE TO THOSE GRADUATES IN THE FORM OF SCHOLARSHIPS AND INTERNSHIP/WORK PROGRAMS. THE ORGANIZATION IS SUPPORTED 100% THROUGH CONTRIBUTIONS FROM INDIVIDUALS, CHURCHES, AND ORGANIZATIONS.IN SEPTEMBER 2019, A 2ND US CAMPUS WAS OPENED. THIS CHILDREN'S HOME IS LOCATED IN CLOVIS, NEW MEXICO AND CONTINUES THE MISSION BY RESCUING CHILDREN IN THAT AND THE SURROUNDING AREA. THIS CAMPUS CONTINUES TO CONSTRUCT AND EXPAND ITS RESIDENTIAL FACILITIES SO THAT IT CAN CARE FOR ADDITIONAL CHILDREN.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dunham And Company
Marketing/fundraising Consultants
$340,564
The Fechtel Company
Construction
$142,417
Code Engineered Systems Inc
Roofing
$103,455
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$200,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,925,223
Noncash contributions included in lines 1a–1f $1,099,828
Total Revenue from Contributions, Gifts, Grants & Similar$5,125,223
Total Program Service Revenue$0
Investment income $36,716
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $136,645
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,337,586

Grants Awarded

Over the last fiscal year, Hope International Ministries Inc has awarded $856,755 in support to 2 organizations.

Grant RecipientAmount

GOODKIDS VILLAGE INC

Org PageRecipient Profile

Tampa, FL

PURPOSE: Thrift store goods

$831,755

Tampa, FL

PURPOSE: Cash grant to assist children's home in Honduras purchase food, clothing and medical care for abused and abandoned children.

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Hope International Ministries Inc has recieved totaling $369,235.

Awarding OrganizationAmount
Speer Foundation

Brentwood, TN

PURPOSE: OPERATING SUPPORT

$175,000
$95,350
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$33,500
Arbitration Forums Inc

Tampa, FL

PURPOSE: TO FURTHER ORGANIZATION'S CHARITABLE PURPOSE

$17,395
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$15,468
Christian Community Foundation Inc

Colorado Springs, CO

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$104,599
Earnings$29,499
Admin Expense$800
Grants$4,686
Ending Balance$128,612

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