House Of Hope Inc

Organization Overview

House Of Hope Inc is located in Lowell, MA. The organization was established in 1985. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, House Of Hope Inc employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House Of Hope 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 06/2022, House Of Hope Inc generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $4.0m during the year ending 06/2022. While expenses have increased by 9.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EMERGENCY SHELTER FOR HOMELESS WOMEN AND CHILDREN, INCLUDING FOOD AND CASE MANAGEMENT EDUCATIONAL OPPORTUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING TEMPORARY, OVERNIGHT SHELTER, FOOD AND MAINTENANCE FOR NEEDY PERSONS REGARDLESS OF RACE, CREED, COLOR AND SEX. PROVIDED EMERGENCY SHELTER AND SERVICES TO 114 FAMILIES, A TOTAL OF 353 PEOPLE (185 CHILDREN, 168 ADULTS); 18% OF FAMILIES HAD A HISTORY OF DOMESTIC VIOLENCE< THE AVERAGE LENGTH OF STAY FOR FAMILIES WHO EXITED WAS 117 DAYS.


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Chausse
Executive Director
$158,543
Dan O'connor
President
$0
Rachel Garneau
Secretary
$0
Brian Stafford
Treasurer
$0
Ryan Dunn
Director
$0
Barbara Smith
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$36,758
Related organizations$0
Government grants $632,264
All other contributions, gifts, grants, and similar amounts not included above$223,706
Noncash contributions included in lines 1a–1f $119,482
Total Revenue from Contributions, Gifts, Grants & Similar$892,728
Total Program Service Revenue$3,518,779
Investment income $49,368
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $131,367
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,617,811

Grants Recieved

Over the last fiscal year, we have identified 2 grants that House Of Hope Inc has recieved totaling $53,640.

Awarding OrganizationAmount
Franklin Square House

Belmont, MA

PURPOSE: HOUSING AND SHELTER GRANTS

$43,640
$10,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Ali Forney Center
New York, NY
$19,818,161
Jericho Project
New York, NY
$17,611,803
Middlesex Human Service Agency Inc
Waltham, MA
$16,335,649
Columbus House
New Haven, CT
$16,470,970
Rosies Place Inc
Boston, MA
$18,742,725
Vietnam Veterans Workshop Inc
Boston, MA
$14,388,519
Lifting Up Westchester Inc
White Plains, NY
$11,870,807
Lazarus House Incorporated
Lawrence, MA
$10,908,998
St Christophers Inn Inc
Garrison, NY
$7,259,618
Citizens Inn Inc
Peabody, MA
$7,948,455
Casa Nueva Vida Inc
Jamaica Plain, MA
$6,906,290
Rhode Island Coalition For The Homeless
Pawtucket, RI
$6,624,624

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