Hope Center
Faribault, Minnesota
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$551K
Total Revenue
📊
$503K
Total Expenses
🏦
$429K
Net Assets
📋
$11K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+7.9%
Year-over-year change (2022 → 2023)
Net Margin
+8.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.85
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $551,010↑8% | $503,432↑12% | $440,823↓2% | |
| 2022 | $510,607↑24% | $450,836↑26% | $451,834↑10% | — |
| 2021 | $413,066↑1% | $356,603↓3% | $408,993↑5% | — |
| 2020 | $407,706↓7% | $366,917↓11% | $391,093↓1% | — |
| 2019 | $439,232↑2% | $414,407↑1% | $396,390↓1% | — |
| 2018 | $430,264↓8% | $409,001↑1% | $400,760↓4% | — |
| 2017 | $467,536↑15% | $405,996↑7% | $417,662↑5% | — |
| 2016 | $407,576↑50% | $377,968↑18% | $397,327↑12% | — |
| 2015 | $271,450↑21% | $320,437↑29% | $354,224↑84% | — |
| 2014 | $224,902 | $248,735 | $193,015 | — |
| 2013 | $224,902↓6% | $248,735↑4% | $193,015↓14% | — |
| 2012 | $238,712↓5% | $238,749↓6% | $224,798↓1% | — |
| 2011 | $252,370 | $253,705 | $228,029 | — |
Frequently Asked Questions
What does Hope Center do?▼
Hope Center is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P430 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hope Center financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hope Center.
How much revenue does Hope Center generate?▼
Hope Center reports $737K in annual revenue and holds $509K in total assets, based on IRS filings.
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