Hopeway Foundation

Health · Charlotte, North Carolina

1717 Sharon Rd W, Charlotte, NC 28210-5663

EIN: 464510365· Founded: Feb 2014· 12 years active· Filing Year: 2023

Annual Revenue

$20.6M

Total Expenses

$17.2M

Total Assets

$40.9M

Program Spending

77%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.3M

13.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$9.8M

Total Payroll

$12.2M

71% of total expenses

Where the Money Goes

77%

Programs: 77%

Payroll: 71%

Other overhead: 23%

Program Revenue$13.2M (64%)

Total Expenses$17.2M (83%)

Payroll$12.2M (71%)

Overhead (non-program)23%

Trust Score Breakdown

Program Spending Ratio

77% of expenses go to programs

40%

Revenue & Stability

$20.6M annual revenue

15%

Executive Compensation

$2.3M total officer comp (13.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$40.9M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.