True Hope
Saint Michael, Minnesota
CHealth Score
42C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
๐ฐ
$253K
Total Revenue
๐
$313K
Total Expenses
๐ฆ
$12K
Net Assets
๐
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-67.3%
Year-over-year change (2022 โ 2023)
Net Margin
-23.9%
Revenue minus expenses as % of revenue
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $252,860โ67% | $313,169โ56% | $11,641โ84% | |
| 2022 | $773,686โ6% | $705,992โ4% | $71,950โ1591% | โ |
| 2021 | $732,992โ14% | $732,014โ27% | $4,256โ30% | โ |
| 2020 | $853,032โ67% | $1,004,553โ179% | $3,278โ98% | โ |
| 2019 | $510,705โ128% | $359,649โ63% | $154,799โ4036% | โ |
| 2018 | $224,458โ53% | $220,831โ46% | $3,743โ3127% | โ |
| 2017 | $146,352โ9% | $151,552โ3% | $116โ98% | โ |
| 2016 | $160,370โ40% | $156,286โ36% | $5,316โ331% | โ |
| 2015 | $114,156โ123% | $115,257โ135% | $1,232โ47% | โ |
| 2014 | $51,152 | $49,086 | $2,333 | โ |
Frequently Asked Questions
What does True Hope do?โผ
True Hope is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is True Hope financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for True Hope.
How much revenue does True Hope generate?โผ
True Hope reports $340K in annual revenue and holds $11K in total assets, based on IRS filings.
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