Housing & Shelter
(L25)
IRS Verified
DX Registered
990 on File
HOPEBUILDERS HOME REPAIR INC
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
HopeBUILDERS serves older adults and people living with disabilities by providing accessibility solutions and home repairs that allows them to stay in their homes.
Financial Overview — FY 2024
$1.1M
Total Revenue
$1.0M
Total Expenses
$426K
Net Assets
10
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.1%
Fundraising Efficiency
N/A
Operating Reserve
4.94x
Liability-to-Asset
3.4%
Revenue Diversification
99.5%
Executive Compensation
$81K
Compared with Peers
FY 2024
Compared with 2,572 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
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
|
83.1% | 87.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.0% | 10.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.9 mo | 12.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.4% | 39.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.5% | 89.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
52.3% | 6.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
36.8% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.0% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.1M | $1.0M | $426K | 83.1% | 10 |
| 2023 | $755K | $756K | $311K | 84.1% | 7 |
| 2022 | $562K | $585K | $312K | 82.1% | 5 |
| 2021 | $411K | $407K | N/A | — | 4 |
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