Human Services
(P400)
IRS Verified
DX Registered
990 on File
PROJECT HOPE BOSTON INC
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
70/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Project HOPE Boston works with families in the Dorchester and Roxbury neighborhoods of Boston on their journeys toward financial wellbeing and housing stability. We serve as a catalyst for change in families’ lives, developing and providing programs and whole family supports to mediate the challenges of systemic injustice.
Financial Overview — FY 2024
N/A
Total Revenue
N/A
Total Expenses
N/A
Net Assets
N/A
Employees
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
0.0%
Revenue Diversification
N/A
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
|
79.7% | 85.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.9% | 11.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.4% | 0.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.5 mo | 8.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.9% | 14.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.6% | 93.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-57.7% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-55.3% | 10.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.9% | 2.0% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Cost to feed a family of four per day in our family shelter | 100 | $3.74 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | N/A | N/A | N/A | — | — |
| 2023 | $6.5M | $6.4M | $7.8M | 79.7% | 77 |
| 2022 | $15.4M | $14.4M | $7.6M | 88.1% | 76 |
| 2021 | $10.4M | $9.6M | N/A | — | 71 |
| 2020 | $5.6M | $5.8M | N/A | — | 65 |
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