Charity Search / LADIES OF HOPE MINISTRIES INC
Community Improvement (S81) IRS Verified DX Registered 990 on File

LADIES OF HOPE MINISTRIES INC

EIN: 83-2249413 · NEW YORK, NY 10027-3811 · United States · FY 2024 Data
3 out of 5 41 / 100 Based on 2+ years of filings
Financial strength (30%) 49/100
Reliability (20%) 45/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

LOHM's mission is to create alternatives to incarceration, decarceration and post-incarceration opportunities by providing access to resources for education, entrepreneurship, and sustainability through advocacy. Our vision is to End the Poverty and the InCarceration of Women and Girls (EPIC).Our vision is EPIC: End Poverty and InCarceration of women and girls. We address the crisis of poverty and incarceration of women and girls through our two interrelated core mission program areas: sustainability and direct services through Hope House (HH) and Angel Food Delivery Project (AFP); and Pathways for Equity Policy (P4E); and Policy and Engagement Advocacy through Faces of Women Imprisoned (FOWI) EPIC Ambassadors, Parole, and Probation Accountability Project (PPAP). Each is designed to elevate women's voices and ensure that they're involved in program development and implementation. See Program summary in attachment. The LOHM creates safe housing, reentry support, employment and entrepreneurship opportunities, and advocacy programs for low-income women and girls impacted by incarceration. The LOHM is founded, led and operated by, and serves primarily women of color impacted by the criminal justice system. It is designed to inspire our sisters to see that they can be actors in their own lives and agents of change in their communities.

Financial Overview — FY 2024
$2.3M
Total Revenue
$3.0M
Total Expenses
$138K
Net Assets
18
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 68.0%
Fundraising Efficiency N/A
Operating Reserve 0.55x
Liability-to-Asset 86.1%
Revenue Diversification 98.6%
Executive Compensation $337K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations (United States, Community Improvement, $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
68.0% 85.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
25.6% 11.8%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
6.4% 0.1%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
0.6 mo 9.7 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
86.1% 21.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.6% 90.7%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-12.8% 8.8%
P10P90
Expense growth
Year over year expense growth
21.7% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
-27.8% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.3M $3.0M $138K 68.0% 18
2023 $2.7M $2.5M $789K 56.8% 19
2022 $4.9M $3.7M $563K 65.7% 25
2021 $1.7M $2.8M $-666,028 73.3% 27
2019 $812K $1.0M N/A — 10
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Organization Details
EIN
83-2249413
State
NY
City
NEW YORK
ZIP
10027-3811
Classification
S81
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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