Homes Of Hope Inc

Human Services · Albemarle, North Carolina

1816B E Main St, Albemarle, NC 28001-5332

EIN: 202804613· Founded: Jun 2005· 21 years active· Filing Year: 2024

Annual Revenue

$358K

Total Expenses

$421K

Total Assets

$168K

Program Spending

58%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$55K

13.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$200K

Total Payroll

$255K

61% of total expenses

Where the Money Goes

58%

Programs: 58%

Payroll: 61%

Other overhead: 42%

Program Revenue$243K (68%)

Total Expenses$421K (100%)

Payroll$255K (61%)

Overhead (non-program)42%

Trust Score Breakdown

Program Spending Ratio

58% of expenses go to programs

40%

Revenue & Stability

$358K annual revenue

15%

Executive Compensation

$55K total officer comp (13.1% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$168K in assets

10%

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Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.