Hope Community Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HOPE COMMUNITY CREATES CONNECTIONS THAT STRENGTHEN THE POWER OF COMMUNITY MEMBERS AND COMMUNITIES. HOPE CULTIVATES COMMUNITY LEADERS, BUILDS COMMUNITY CAPACITY, CARES FOR THE HOUSING AND COMMUNITY SPACES IT DEVELOPS, AND PURSUE EQUITY AND DIVERSITY IN ALL IT DOES.
- Income
- $3.6 million
- Spending
- $4.1 million
- Spent on programs
- 83%
- Reserves
- -12.4 months of spending
- Largest source of income
- donations and private grants, 68%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $123,813, interim co-ed
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
Weak: 36 out of 100. Higher than 14% of charities in its peer group (housing, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 78% of what it owns.
Living within its means
4 of 15Spending exceeded income by 14% of income.
Income trend
15 of 15Income rose 2% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 7 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
Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2512 of 12 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 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)
- $1.4 million spent. COMMUNITY ENGAGEMENT HOPE INVOLVED NEARLY 350 COMMUNITY MEMBERS IN GARDEN PLANNING, PLANTING, TENDING, SHARING THE HARVEST, AND BUILDING RELATIONSHIP WITH EACH OTHER. IN THE 2024 GROWING SEASON, WE GAVE AWAY AN ESTIMATED $10,000 WORTH OF PRODUCE TO COMMUNITY MEMBERS AT OUR WEEKLY FOOD DISTRIBUTION SITES. SIX YOUTH INTERNS SERVED A TOTAL OF 480 HOURS OVER THE SUMMER. THEY SUPPORTED GARDENING EFFORTS, VISITED OTHER URBAN GARDENS, LEARNED TO COOK WITH LOCALLY GROWN PRODUCE, AND SUPPORTED THE FARM STANDS.HOPE COMPLETED THE 5TH YEAR OF TRANSFORMATIONAL CREATIVE STRATEGIES TRAINING (TRCSTR) WITH 8 COMMUNITY ARTISTS WITH A FOCUS ON BIPOC ARTISTS, TO WORK EFFECTIVELY WITH COMMUNITY AND SOCIAL JUSTICE ORGANIZERS TO EMPLOY PUBLIC ART AS A STRATEGY FOR COMMUNITY BUILDING AND ORGANIZING. IN 2024, HOPE ENGAGED WITH OVER 260 YOUTHS IN THE YOUTH, LEADERSHIP AND LEARNING PROGRAM. THEY BUILT THEIR SKILLS, CONNECTED WITH EACH OTHER, AND DEVELOPED MINDSETS TO CHOOSE THEIR CAREER PATHS THROUGH THREE SMALL GROUP LEARNING COHORTS (YOUNG MEN'S GROUP, CAREER PATHWAYS, AND CAMP READINESS), INTERNSHIPS, AND TOPICAL WORKSHOPS ON STEAM SKILLS AND SOFT SKILLS. .
- $1.5 million spent. COMMUNITY DEVELOPMENT AND ASSET BUILDINGHOPE'S DEVELOPMENT VISION CALLS FOR INVESTING IN THE PEOPLE, PLACES, AND ASSETS ALREADY IN THE COMMUNITY AND CREATING NEW OPPORTUNITIES THAT SUPPORT EXISTING RESIDENTS TO THRIVE WITHOUT THE RISK OF DISPLACEMENT. AS OF 2024, HOPE OWNS AND MANAGES A ROBUST PORTFOLIO THAT INCLUDES 237 HIGH-QUALITY RENTAL UNITS, 12 AFFORDABLE HOMEOWNERSHIP UNITS, HOPE'S OFFICES, A COMMUNITY CENTER, COMMUNITY GARDENS, AND SPACES FOR SMALL COMMUNITY BUSINESSES. IN 2024, HOPE HAS PROVIDED STABLE HOUSING TO APPROXIMATELY 800 RESIDENTS WHERE PEOPLE CAN GATHER, PLAY, LEARN, AND LEAD. SEVENTY PERCENT (70%) OF THE RENTAL UNITS ARE AFFORDABLE TO VERY LOW-INCOME HOUSEHOLDS EARNING BETWEEN 30% AND 50% OF THE AREA MEDIAN INCOME (AMI).HOPE'S PROPERTIES ARE MANAGED BY TWO PROFESSIONAL PROPERTY MANAGEMENT COMPANIES. AS A PROPERTY OWNER COMMITTED TO ITS BUILDINGS FOR THE LONG-TERM, HOPE IS RESPONSIBLE FOR THE TRADITIONAL DUTIES OF A REAL ESTATE ASSET MANAGER FINANCIAL OVERSIGHT, SELECTION OF A PROPERTY MANAGER, COMPLIANCE WITH REGULATORY AGREEMENTS, CAPITAL IMPROVEMENT PLANNING, ETC. IN 2020, HOPE LAUNCHED A STRATEGY TO SUPPORT COMMUNITY MEMBERS TO BECOME OWNER-OCCUPANT LANDLORDS OF SMALL MULTI-FAMILY BUILDINGS (DUPLEXES AND TRIPLEXES) AS AN OPPORTUNITY TO EXPAND NEIGHBORHOOD AFFORDABLE HOUSING OWNERSHIP. THESE PROPERTIES ARE OFTEN OVERLOOKED EVEN THOUGH THEY MAKE UP A SIGNIFICANT PART OF THE HOUSING STOCK IN NEIGHBORHOODS LIKE PHILLIPS AND OFFER AN OPPORTUNITY TO PRESERVE LARGE FAMILY UNITS. AS OF 2024, HOPE HAS CONDUCTED 9 COHORTS AND 12 OUT OF 74 GRADUATES HAVE PURCHASED SINGLE FAMILY HOMES OR DUPLEXES. HOPE WILL OFFER ANOTHER TWO TRAINING COHORTS IN 2025 AND CONTINUE TO PROVIDE ONE-ON-ONE SUPPORT TO GRADUATES.
- $521,460 spent. HOUSING AND ASSET MANAGEMENT- STABLE, HEALTHY AND AFFORDABLE HOUSING IN A SUPPORTIVE COMMUNITY ENVIRONMENT IS AN EFFECTIVE WAY FOR INDIVIDUALS AND FAMILIES TO MEET THE CHALLENGES OF POVERTY AND ISOLATION IN AN URBAN ENVIRONMENT. HOPE'S RELATIONSHIPS WITH RESIDENTS ARE ROOTED IN RESPECT AND MUTUAL ACCOUNTABILITY. HOPE'S PROPERTIES ARE MANAGED BY TWO PROFESSIONAL PROPERTY MANAGEMENT COMPANIES. AS A PROPERTY OWNER COMMITTED TO ITS BUILDINGS FOR THE LONG-TERM, HOPE IS RESPONSIBLE FOR THE TRADITIOANL DUTIES OF A REAL ESTATE ASSET MANAGER- FINANCIAL OVERSIGHT, SELECTION OF A PROPERTY MANAGER, COMPLIANCE WITH REGULATORY AGREEMENTS, CAPITAL IMPROVEMENT PLANNING, ETC. HOWEVER, JOPE'S APPROACH TO ASSET MANAGEMENT INVOLVES A MUCH BROADER UNDERSTANDING OF HOW TO MAINTAIN ITS REAL ESTATE AS A LONG-TERM ASSET. KEY TO THAT UNDERSTANDING IS RELATIONSHIP-MAINTAINING RELATIONSHIPS WITH RESIDENTS, FUNDERS, GOVERNMENT PARTNERS, NEIGHBORS, COMMUNITY MEMBERS, AND MANY OTHERS. HOPE IS INVOLVED WITH GROUPS SUCH AS THE LOCAL BUSINESS ASSOCIATION AND NEIGHBORHOOD ASSOCIATION. CONSIDERABLE EFFORT IS SPENT TO CONNECT THE DISTINCT FUNCTIONS OF HOPE'S COMMUNITY ENGAGEMENT AND PROPERTY MANAGEMENT WORK.
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
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 September 7, 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 September 30, 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 September 10, 2026.
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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1977.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 2026.
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