Treasures of Hope Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF THE ORGANIZATION IS TO SUPPORT THE MISSION OF TREASURES MARKETS BENEFIT LLC, A PENNSYLVANIA BENEFIT COMPANY. THE MISSION OF THE ORGANIZATION IS ALSO TO IMPROVE THE LIVES OF THOSE IN THE COMMUNITIES SERVICED BY TREASURE MARKETS BENEFIT LLC BY DISTRIBUTING SURPLUS FUNDS TO OTHER NON-PROFIT ORGANIZATIONS THAT FEED AND CLOTHE THE POOR AND BY OFFERING A VARIETY OF CAREER TRAINING AND EMPLOYMENT OPPORTUNITIES, WITH A SPECIAL EMPHASIS ON INDIVIDUALS WITH DISABILITIES AND THOSE FACING LONG- TERM UNEMPLOYMENT, ALL THE WHILE KEEPING UNWANTED AND UNNEEDED ITEMS OUT OF THE WASTE STREAM.
- Income
- $10
- Spending
- $68,286
- Spent on programs
- 95%
- Reserves
- 46.2 months of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
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
Fair: 52 out of 100. Higher than 27% of charities in its peer group (religion, under $250k).
Reserves
35 of 35Spendable reserves would cover 46.2 months of spending.
Debt
2 of 20It owes 91% of what it owns.
Living within its means
0 of 15Spending exceeded income by 682760% of income.
Income trend
0 of 15Income fell 44% on the year before.
Spending floor
15 of 1595% of spending went to programs.
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: 54 out of 100. Higher than 52% of charities in its peer group (religion, under $250k).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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.
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 (1)
- $64,920 spent. TREASURES OF HOPE FOUNDATION USES SURPLUS FUNDS FROM TREASURES MARKETS BENEFIT LLC TO FOSTER GROWTH AND DEVELOPMENT AND ELEVATE ECONOMIC WELL- BEING OF THE RESIDENTS AND ORGANIZATIONS IT SERVES.
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 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 December 2024.
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 2019.
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.