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Project Hope Food Bank Inc

EIN 26-1737554 · Hot Springs, AR

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceFair50 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PROVIDING AFFORDABLE AND HEALTHY FOOD TO FOOD PANTRIES AND FEEDING PROGRAMS THAT SERVE THOSE AT RISK OF HUNGER IN WEST CENTRAL ARKANSAS

Income
$1.6 million
Spending
$1.4 million
Spent on programs
97%
Reserves
6.3 months of spending
Largest source of income
fees for its services, 60%
Employees
2
Volunteers
25
Highest pay
$37,895, secretary

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 78% of charities in its peer group (food and agriculture, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.3 months of spending.

  • Debt

    20 of 20

    It owes 5% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    15 of 15

    Income rose 9% on the year before.

  • Spending floor

    15 of 15

    97% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 50 out of 100. Higher than 11% of charities in its peer group (food and agriculture, $1m to $10m).

  • Independent board

    25 of 25

    15 of 15 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.2 million spent. OPERATE TO POOL RESOURCES, HELPING TO SUPPORTING 45 AREA NONPROFITS THAT DO NOT HAVE THE ASSETS TO PURCHASE OR STORE ENORMOUS QUANTITIES OF FOOD. PURCHASING FOOD WHOLESALE IN LARGE LOTS FOR THE BEST PRICE HELPS HOMELESS SHELTERS, CHARITY KITCHENS, FOOD PANTRIES, CRISIS CENTERS, CHILDRENS HOMES, SCHOOL BACKPACK PROGRAMS AND CHILDRENS FEEDING PROGRAMS TO FULFILL THEIR MISSIONS. OUR IMPACT IN THE COMMUNITY IS EXTENSIVE DUE TO OUR RESOURCES: A DONATED WAREHOUSE, DEBT-FREE EQUIPMENT, AND A VOLUNTEER WORKFORCE WHICH INCLUDES OUR EXECUTIVE DIRECTOR AND INVENTORY SPECIALIST.
  2. $171,622 spent. AUTO EXPENSES: 2,245 DEPRECIATION: 42,325 DUES & SUBSCRIPTIONS: 1198 INSURANCE: 7822 MISCELLANEOUS EXPENSES: 804 PAYROLL: 66,400 PAYROLL TAXES: 6,662 RENT: 26,850 REPAIR & MAINTENANCE: 2,135 UTILITES: 859 BAD DEBTS:782 FUND RAISING: 1,718 SUPPLIES: 1,668 VINCE STREET: 10,269
  3. AUTO EXPENSES: 2,245 DEPRECIATION: 42,325 DUES & SUBSCRIPTIONS: 1198 INSURANCE: 7822 MISCELLANEOUS EXPENSES: 804 PAYROLL: 66,400 PAYROLL TAXES: 6,662 RENT: 26,850 REPAIR & MAINTENANCE: 2,135 UTILITES: 859 BAD DEBTS:782 FUND RAISING: 1,718 SUPPLIES: 1,668 VINCE STREET: 10,269

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2008.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.