Hopes Center of Racine Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
RECOGNIZING THE WORTH AND DIGNITY OF EACH PERSON, HOPES HELPS PEOPLE END THEIR HOMELESSNESS.
- Income
- $781,724
- Spending
- $523,773
- Spent on programs
- 86%
- Reserves
- 22.5 months of spending
- Largest source of income
- donations and private grants, 68%
- Employees
- 11
- Volunteers
- 9
- Highest pay
- $85,300, executive director
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover 22.5 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 33% of income.
Income trend
15 of 15Income rose 27% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 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 (1)
- $452,258 spent. HOPES CENTER HELPS PEOPLE TRANSITION OUT OF HOMELESSNESS THROUGH THREE MAIN PROGRAMS: 1) STREET OUTREACH: TEAMS GO OUT TO MEET PEOPLE WHO ARE UNSHELTERED WHERE THEY ARE AND PROVIDE FOOD, BLANKETS, AND LINKAGES TO SHELTER HOUSING AND OTHER SERVICES. 2) PATH (PROJECTS FOR ASSISTANCE IN TRANSITION FROM HOMELESSNESS): A CASE MANAGER WORKS WITH PEOPLE WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS AND WHO HAVE A MENTAL HEALTH CONDITION AND CONNECT THEM TO CRITICAL SERVICES SUCH AS HEALTH CARE, MENTAL HEALTH SERVICES, INCOME, AND HOUSING. 3) RAPID REHOUSING: HOPES PROVIDES HOUSING ASSISTANCE AND HOUSING STABILITY CASE MANAGEMENT TO PEOPLE EXPERIENCING HOMELESSNESS IN EMERGENCY SHELTERS OR ON THE STREETS. HOPES CENTER'S SERVICES ARE FUNDED THROUGH PRIVATE AND GOVERNMENT GRANTS, CHARITABLE CONTRIBUTIONS, AND FUNDRAISING EVENTS.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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 October 13, 2026.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 October 21, 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.