Human Services
(P30)
IRS Verified
DX Registered
990 on File
RAISINGHOPE INC
Financial strength (30%)
71/100
Reliability (20%)
50/100
Effectiveness (25%)
90/100
Impact (25%)
50/100
CharityAI™ Score
Not yet evaluated
Mission Statement
RaisingHOPE empowers teens and young adults experiencing foster care through resources including mentoring & life coaching, life skills courses, housing navigation, transportation, education, employment, and financial support.
Financial Overview — FY 2023
$441K
Total Revenue
$439K
Total Expenses
$85K
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.5%
Fundraising Efficiency
167.7%
Operating Reserve
2.31x
Liability-to-Asset
0.0%
Revenue Diversification
102.3%
Executive Compensation
$101K
Compared with Peers
FY 2023
Compared with 20,874 similar organizations
(United States, Human Services, $100K–$1M 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
|
83.5% | 86.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.0% | 10.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
167.7% | 17.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.3 mo | 8.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
102.3% | 96.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
5.3% | 7.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
14.7% | 11.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.3% | 2.1% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Foster youth transitioning to independent young adults | 500 | $2,000.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $441K | $439K | $85K | 83.5% | 6 |
| 2022 | $418K | $383K | $83K | 89.3% | 5 |
| 2021 | $360K | $190K | N/A | — | 1 |
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