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Hope of Glory Ministries Inc

EIN 31-1766003 · Greenville, NC

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

LegitimacyPassesRegistration and standingFinancial healthGood88 out of 100GovernanceFair53 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Hope of Glory Ministries is committed to sharing the gospel of Jesus Christ, relieving burdens, and empowering families towards lasting change. Our services cultivate financial stability in families by relieving food cost burdens and empowering them towards self-sufficient living without the need of long-term government or charity assistance.

Income
$1.2 million
Spending
$1.1 million
Spent on programs
82%
Reserves
6.7 months of spending
Largest source of income
donations and private grants, 51%
Employees
38
Volunteers
165

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 88 out of 100. Higher than 74% of charities in its peer group (religion, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.7 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 8% of income.

  • Income trend

    10 of 15

    Income fell 4% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 4 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 53 out of 100. Higher than 24% of charities in its peer group (religion, $1m to $10m).

  • Independent board

    25 of 25

    5 of 7 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.

  • 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, 2024, 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. $659,247 spent. Community Outlet: A "thrift like" store, receiving donated items from over 1,500 community supporters. The store offers our community and co-op families more affordable clothing, household, and furniture options for their homes. This thrift store provides 12-15 jobs and occasional workforce development opportunities each year. Volunteers serve alongside our thrift store staff to ensure quality clothing options and excellent customer service.
  2. $230,428 spent. Empowerment Program: Cultivating personal responsibility through community accountability. This innovative approach to food distribution holistically serves the entire family unit by providing financial mentors, food cost savings, educational classes, and requiring a monthly investment by the family. Members redistribute a monthly average of $100-$175 money saved towards debt and savings. This "buy-in" model instills accountability, relieves burdens and empowers low-income, working poor, and fixed income families towards financial stability.
  3. $25,136 spent. Community Support: Seeking to help individuals move from burdened to balance in three specific ways. One way is through emergency clothing vouchers distributed through our thrift store at no cost to families in crisis. The second way is offering various workforce development opportunities. And a third way is supporting other local ministries.

Source: Form 990 for the year ending December 31, 2024, 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 October 13, 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 2024.

    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 September 2001.

    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 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.