nonprofit · EIN 61-1122515 · KY
How much does NETWORK FOR HOPE INC raise and spend?
NETWORK FOR HOPE INC (KY, EIN 61-1122515) reported $61.5M in revenue and $66.4M in expenses for tax year 2024, with $27.8M in net assets (5.0 months of reserves). By expenses that ranks 3,653 of 391,588 e-filers, 45 of 4,262 nonprofits in kentucky.
What stands out
NETWORK FOR HOPE INC (KY, EIN 61-1122515) reported $61.5M in revenue and $66.4M in expenses for tax year 2024, with $27.8M in net assets (5.0 months of reserves). By expenses that ranks 3,653 of 391,588 e-filers, 45 of 4,262 nonprofits in kentucky. Against nonprofits with $10M-$100M in expenses: months of reserves 5.0 months, below the peer median of 9.5 months; officer compensation share of expenses 3.0%, above the peer median of 2.6%; contributions share of revenue 0.1%, below the peer median of 12.5%; surplus margin -8.0%, below the peer median of 2.1%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $61.5M | — | $21.4M | $198.5k |
| Total expenses | $66.4M | — | $20.3M | $179.6k |
| Total assets | $57.8M | — | $29.5M | $761.5k |
| Net assets | $27.8M | — | $17.4M | $615.1k |
| Officer compensation (total per organisation) | $2.0M | — | $625.8k | $114.3k |
| Program service revenue share | 97.4% | — | 73.7% | 13.4% |
| Contributions share of revenue | 0.1% | — | 12.5% | 55.6% |
| Officer compensation share of expenses | 3.0% | — | 2.6% | 6.6% |
| Months of reserves | 5.0 months | — | 9.5 months | 12.4 months |
| Surplus margin | -8.0% | — | 2.1% | 4.3% |
Year by year
7 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $61.5M | $66.4M | $27.8M | 5.0 months | $2.0M | 3,653 |
| 2023 | $52.7M | $51.2M | $25.5M | 6.0 months | $1.4M | 7,676 |
| 2022 | $42.2M | $39.2M | $22.7M | 7.0 months | $527.1k | 8,790 |
| 2021 | $33.6M | $32.3M | $22.0M | 8.2 months | $500.4k | 6,794 |
| 2020 | $29.1M | $25.4M | $19.8M | 9.3 months | $498.5k | 11,407 |
| 2019 | $22.2M | $20.7M | $14.8M | 8.6 months | $533.3k | 12,876 |
| 2018 | $21.6M | $18.7M | $12.1M | 7.8 months | $488.9k | 12,546 |
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