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Place of Hope Foundation Inc

EIN 61-2091694 · West Palm Bch, FL

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

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceStrong94 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PLACE OF HOPE FOUNDATION, INC. (THE "ORGANIZATION"), WAS INCORPORATED ON APRIL 18, 2023, AND IS A NOT-FOR-PROFIT, TAX-EXEMPT SUPPORTING ORGANIZATION. THE ORGANIZATION'S PURPOSE IS TO SUPPORT THE CHARITABLE MISSIONS OF PLACE OF HOPE, INC., PLACE OF HOPE AT THE HAVEN CAMPUS, INC. D/B/A PLACE OF HOPE AT THE LEIGHAN AND DAVID RINKER CAMPUS, TREASURES FOR HOPE, INC. D/B/A PENINSULA SOCIAL ENTERPRISES, AND VILLAGE OF HOPE OF PALM BEACH COUNTY, INC. (COLLECTIVELY, THE "SUPPORTED ORGAIZATIONS")

Income
$2.4 million
Spending
$868,710
Spent on programs
74%
Reserves
Over 10 years of spending
Largest source of income
donations and private grants, 60%
Employees
0
Volunteers
4
Highest pay
$460,828, chairman

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: 85 out of 100. Higher than 67% of charities in its peer group (human services, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover more than ten years of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 65% of income.

  • Income trend

    0 of 15

    Income fell 90% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 0 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: 94 out of 100. Higher than 58% of charities in its peer group (human services, $1m to $10m).

  • Independent board

    25 of 25

    4 of 5 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

    7 of 7

    Has a 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

    9 of 15

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

  • 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 (1)
  1. $645,833 spent. THE ORGANIZATION'S PURPOSE IS TO SUPPORT THE CHARITABLE MISSIONS OF PLACE OF HOPE, INC., PLACE OF HOPE AT THE HAVEN CAMPUS, INC. D/B/A PLACE OF HOPE AT THE LEIGHAN AND DAVID RINKER CAMPUS, TREASURES FOR HOPE, INC. D/B/A PENINSULA SOCIAL ENTERPRISES, AND VILLAGE OF HOPE OF PALM BEACH COUNTY, INC. (COLLECTIVELY, THE "SUPPORTED ORGAIZATIONS") BY PROVIDING A VEHICLE FOR COMMUNITY LEADERS TO (A) SERVE AS AMBASSADORS OF THE ORGANIZATION AND THE SUPPORTED ORGANIZATIONS, (B) ASSIST THE SUPPORTED ORGANIZATIONS TO OBTAIN GIFTS THROUGH THE IDENTIFICATION, CULTIVATION AND SOLICITATION OF PROSPECTS AND IN THE ONGOING STEWARDSHIP OF DONORS, AND (C) PARTICIPATE IN THE PLANNING AND IMPLEMENTATION OF FUNDRAISING ACTIVITIES, INCLUDING BUT NOT LIMITED TO EVENTS AND CAMPAIGNS.

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 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 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 January 2024.

    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.