Charity Search / HOPE FAITH MINISTRIES INC
Human Services (P20) IRS Verified DX Registered 990 on File

HOPE FAITH MINISTRIES INC

EIN: 02-0727462 · KANSAS CITY, MO 64106-1744 · United States · FY 2024 Data
5 out of 5 84 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 55/100
Effectiveness (25%) 100/100
Impact (25%) 80/100
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2024
$2.1M
Total Revenue
N/A
Total Expenses
N/A
Net Assets
48
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio N/A
Fundraising Efficiency 0.0%
Operating Reserve N/A
Liability-to-Asset 0.0%
Revenue Diversification N/A
Executive Compensation $88K
Compared with Peers
FY 2023
Compared with 10,320 similar organizations (United States, Human Services, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
79.0% 85.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
12.9% 11.4%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.1% 0.4%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
20.9 mo 8.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
7.1% 14.7%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
99.9% 93.3%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
17.6% 7.5%
P10P90
Expense growth
Year over year expense growth
8.6% 10.7%
P10P90
Surplus margin
Surplus as a share of revenue
5.9% 2.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.1M N/A N/A 48
2023 $2.2M $2.0M $3.6M 79.0% 71
2022 $1.8M $1.9M $3.4M 78.1% 40
2021 $3.3M $3.5M N/A 63
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Organization Details
EIN
02-0727462
State
MO
City
KANSAS CITY
ZIP
64106-1744
Classification
P20
Category
Human Services
Rating
5★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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