Hope Ministries
Hope Ministries reported $15.6 million in revenue and $15.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.92 went to program services, $8.04 to management and general costs and $13.04 to fundraising. Its largest source of revenue was contributions and grants: 85.1% of the total. The highest compensation it reported for one person was $390,385 (CHIEF EXECUTIVE OFFICER). 5 people received more than $100,000 in reportable compensation. Revenue rose 6% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.9% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.0% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 13.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.15 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 85.1% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 9.1% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $390,385 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.53% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 5 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 25.5 | 6.9 |
| Independent voting board members Part VI 1a–1b | 10 of 10 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHope Ministries is one of the largest providers of free meals, safe shelter, and long-term life-recovery programs for homeless, near-homeless and hungry men, women and children in iowa. Our facilities currently include a 110-bed shelter for men, a 102-bed long-term life-recovery center for men, a 100 bed center for women and children with 50 short and long-term life-recovery beds and 50 shelter beds, and a 23 bed supportive housing center for men. Through our rescue efforts, we provide more than 17,000 meals and 6,000 nights of shelter each month. Through teaching personal responsibility and…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $248,496 | $0 | $141,889 | $390,385 |
| PRESIDENT Officer, 40.00 hrs/week | $151,134 | $0 | $19,275 | $170,409 |
| CHIEF DEVELOPMENT OFFICER Highest compensated employee, 40.00 hrs/week | $147,073 | $0 | $9,054 | $156,127 |
| CHIEF OPERATING OFFICER Highest compensated employee, 40.00 hrs/week | $119,873 | $0 | $7,592 | $127,465 |
| CHIEF FINANCIAL OFFICER Highest compensated employee, 40.00 hrs/week | $106,876 | $0 | $6,705 | $113,581 |
5 people received more than $100,000 in reportable compensation from Hope Ministries (Part VII, line 2). Compensation of current officers, directors and key employees totaled $681K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 580
- Volunteers Part I, line 6740
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| VENTER SPOONER INC Construction services | $2,779,835 |
| BAKER GROUP Construction & maintenance services | $177,855 |
| COMMUNICATION INNOVATORS Audio/video installation services | $175,105 |
| IOWA SOLUTIONS It services | $143,160 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Hope Ministries totaling $22,995 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Hope Ministries's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hope Ministries, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Hope Ministries spent in FY2025, $78.92 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Community in MotionVancouver, WA · revenue $16M · programs 97.8% · FY2025
- Futures Community Support ServicesTowanda, PA · revenue $16M · programs 95.2% · FY2025
- Highland ManorNew Ulm, MN · revenue $16M · programs 89.0% · FY2025
- The Shadowfax CorporationYork, PA · revenue $16M · programs 90.6% · FY2025
- Chinese Information and Service CenterSeattle, WA · revenue $16M · programs 88.6% · 2024
Questions people ask
How much of Hope Ministries's spending goes to programs?
In the fiscal year ending June 30, 2025, Hope Ministries reported that 78.9% of its $15.4 million in expenses went to program services, 8.0% to management and general and 13.0% to fundraising (Form 990, Part IX).
How much does Hope Ministries pay its top executive?
The largest total compensation Hope Ministries reported for one person in the fiscal year ending June 30, 2025 was $390,385, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hope Ministries get its money?
Of $15.6 million in revenue in the fiscal year ending June 30, 2025, 85.1% came from contributions and grants and 9.1% from program service revenue (Form 990, Part VIII).
Is Hope Ministries a registered charity?
The IRS lists EIN 42-1512992 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202533179349309598 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443179349302874 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202313189349302991 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202233159349301623 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133199349306723 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003159349304795 · read the filing
All filings for EIN 42-1512992: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.