Charity Search / REASON FOR HOPE INC
Mental Health & Crisis Intervention (F01) 990 on File

REASON FOR HOPE INC

EIN: 87-2435191 · NEW YORK, NY 10017-1558 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 45/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.3M
Total Revenue
$1.1M
Total Expenses
$861K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 91.4%
Fundraising Efficiency N/A
Operating Reserve 9.23x
Liability-to-Asset 3.8%
Revenue Diversification 98.8%
Executive Compensation $584K
Compared with Peers
FY 2024
Compared with 1,313 similar organizations (United States, Mental Health & Crisis Intervention, $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
91.4% 85.0%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
4.1% 12.5%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.4% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
9.2 mo 6.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
3.8% 22.7%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
98.8% 92.0%
P10P90
Below median
Revenue growth
Year over year revenue growth
8.3% 8.3%
P10P90
Expense growth
Year over year expense growth
24.1% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
12.3% 1.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.3M $1.1M $861K 91.4% 3
2023 $1.2M $903K $704K 98.2% 4
2022 $551K $122K $429K 98.1% 4
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Organization Details
EIN
87-2435191
State
NY
City
NEW YORK
ZIP
10017-1558
Classification
F01
Category
Mental Health & Crisis Intervention
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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