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Raisinghope Inc

EIN 47-1788053 · Thousand Oaks, CA

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

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceGood84 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

RAISINGHOPE EMPOWERS YOUTH EXPERIENCING FOSTER CARE TO INDEPENDENCE THROUGH RESOURCES AND RELATIONSHIPS.

Income
$722,297
Spending
$635,496
Spent on programs
90%
Reserves
1.4 months of spending
Largest source of income
donations and private grants, 59%
Employees
7
Volunteers
7
Highest pay
$89,458, executive di

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: 75 out of 100. Higher than 50% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.4 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 12% of income.

  • Income trend

    15 of 15

    Income rose 64% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs and raising each dollar of donations cost 3 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

Good: 84 out of 100. Higher than 68% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    25 of 25

    7 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a 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

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 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 (5)
  1. $152,095 spent. HOUSING NAVIGATION - WE WORK WITH YOUTH THAT ARE AGING OUT OF THE FOSTER SYSTEM TO MAKE SURE THEY ARE PREPARED TO FIND AND SECURE THEIR OWN LIVING SITUATION. AHEAD OF THEIR MOVE, WE DISCUSS BUDGETING, CREDIT, EMPLOYMENT, HOW TO INTERACT WITH A LANDLORD, AND ROOMMATE SKILLS. WE WILL ALSO HELP TO LOCATE POSSIBLE RESIDENCES. RAISINGHOPE ASSISTS WITH THEIR FIRST MONTH'S RENT AND SECURITY DEPOSIT. WE SERVED 126 YOUTH AND 28 MINOR CHILDREN.
  2. $95,184 spent. TRANSPORTATION - WE TAKE REQUESTS FOR CAR PURCHASES, REPAIRS, ASSISTANCE WITH ACCIDENTS OR EMERGENCIES, AND INSURANCE. IN PREPARATION FOR A PURCHASE, WE DETERMINE HOW MUCH MONEY THE YOUTH HAS SAVED AND IF THEY HAVE THE INCOME TO SUPPORT GAS, INSURANCE AND MINOR REPAIRS FOR THE CAR PURCHASED. WE ASSIST THEM WITH LOCATING AND PURCHASING THE CAR, ADDING TO THE FUNDS THAT THEY HAVE SAVED SO THAT THEY CAN PURCHASE RELIABLE, BASIC TRANSPORTATION TO SCHOOL AND WORK. WE ASSIST WITH DMV PAPERWORK AND INSURANCE AND PROVIDE ASSISTANCE WITH REPAIRS AND MAINTENANCE. 79 YOUTH WERE ASSISTED WITH TRANSPORTATION.
  3. $53,717 spent. ILP - INDEPENDENT LIVING SKILLS CLASSES ARE GEARED TOWARDS OLDER TEENS AND YOUNG ADULTS. THE CLASSES COVER HOW TO OPEN AND MAINTAIN BANK ACCOUNTS, CREDIT CARDS AND LOANS, BUDGETING AND SAVING, RENTING AN APARTMENT, RELATIONSHIP SKILLS, COLLEGE SERVICES, GROCERY SHOPPING AND MEAL PREPARATION. WE INCLUDE VISITS TO COLLEGE CAMPUSES INCLUDING PEPPERDINE, UCSB, MOORPARK, AND OXNARD COLLEGES. 98 YOUTH ATTENDED OUR CLASSES.
  4. $270,781 spent. MENTORING & LIFE COACHING - WE MATCH YOUTH WITH A TRAINED ADULT MENTOR THAT MEETS WITH THE YOUTH REGULARLY TO ADVISE, SUPPORT AND ENCOURAGE THEM THROUGH LIFE. THE RESULTING RELATIONSHIPS OFTEN BECOME THE CORE SUPPORT SYSTEM IN THE YOUTH'S LIFE. OUR PROGRAM WAS MODIFIED TO INCLUDE A COACHING SKILL ASPECT FOR OUR MENTORS. FINANCIAL SUPPORT - REQUESTS FOR IMMEDIATE OR EMERGENCY NEEDS FOR THOSE NOT COVERED BY OTHER PROGRAMS ARE FULFILLED THROUGH FINANCIAL SUPPORT. THE REQUESTS INCLUDE ASSISTANCE WITH RENT, UTILITIES, FOOD, CLOTHING, CAR REPAIRS OR INSURANCE, SPECIAL TRAINING OR SCHOOL SUPPLIES. WE RECEIVED 271 REQUESTS FROM YOUTH FOR FINANCIAL SERVICES. APPROXIMATELY 90% OF THESE REQUESTS WERE GRANTED. COLLEGE TOURS - WE TOOK ABOUT 30 YOUTH ON OVERNIGHT TRAVEL TOURS OF COLLEGES. ONE TRIP WAS UP NORTH TO VISIT UCDAVIS AND SONOMA STATE UNIVERSITY; ONE TRIP WAS TO SAN DIEGO TO SEE UCSD AND TOUR AN ACTIVE AIR CRAFT CARRIER. YOUTH LEARNED SO MUCH ABOUT COLLEGE AND EVEN EXPERIENCED BOWLING AT THE STUDENT CENTER AND TOURIST SPOTS ALONG THE WAY. HOLIDAYS OF HOPE IS AN OPEN HOUSE EVENT WITH FAMILY-CENTERED ACTIVITIES, FOOD AND BEVERAGES. YOUTH ARE GIVEN A PERSONAL GIFT OF THEIR CHOICE. OVER 200 YOUTH RECEIVED GIFTS.
  5. MENTORING & LIFE COACHING - WE MATCH YOUTH WITH A TRAINED ADULT MENTOR THAT MEETS WITH THE YOUTH REGULARLY TO ADVISE, SUPPORT AND ENCOURAGE THEM THROUGH LIFE. THE RESULTING RELATIONSHIPS OFTEN BECOME THE CORE SUPPORT SYSTEM IN THE YOUTH'S LIFE. OUR PROGRAM WAS MODIFIED TO INCLUDE A COACHING SKILL ASPECT FOR OUR MENTORS. FINANCIAL SUPPORT - REQUESTS FOR IMMEDIATE OR EMERGENCY NEEDS FOR THOSE NOT COVERED BY OTHER PROGRAMS ARE FULFILLED THROUGH FINANCIAL SUPPORT. THE REQUESTS INCLUDE ASSISTANCE WITH RENT, UTILITIES, FOOD, CLOTHING, CAR REPAIRS OR INSURANCE, SPECIAL TRAINING OR SCHOOL SUPPLIES. WE RECEIVED 271 REQUESTS FROM YOUTH FOR FINANCIAL SERVICES. APPROXIMATELY 90% OF THESE REQUESTS WERE GRANTED. COLLEGE TOURS - WE TOOK ABOUT 30 YOUTH ON OVERNIGHT TRAVEL TOURS OF COLLEGES. ONE TRIP WAS UP NORTH TO VISIT UCDAVIS AND SONOMA STATE UNIVERSITY; ONE TRIP WAS TO SAN DIEGO TO SEE UCSD AND TOUR AN ACTIVE AIR CRAFT CARRIER. YOUTH LEARNED SO MUCH ABOUT COLLEGE AND EVEN EXPERIENCED BOWLING AT THE STUDENT CENTER AND TOURIST SPOTS ALONG THE WAY. HOLIDAYS OF HOPE IS AN OPEN HOUSE EVENT WITH FAMILY-CENTERED ACTIVITIES, FOOD AND BEVERAGES. YOUTH ARE GIVEN A PERSONAL GIFT OF THEIR CHOICE. OVER 200 YOUTH RECEIVED GIFTS.

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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.

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

    Recognized by the IRS since August 2015.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.