Hope Foundation of Binghamton

Nonprofit profile at a glance

EIN
830977299
IRS 990-EZ coverage
2020–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Johnson City, NY, USA
Phone
6072224404
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$188,849
Expenses
$240,132
Assets
$280,219
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • WILLIAM HAMPTON (PRESIDENT)
  • LEIGH STEVENS (EXECUTIVE DIRECTOR)

People named in this filing

  • WILLIAM HAMPTON (PRESIDENT)
  • JOHN SNIDER (SECRETARY)
  • MIKE GANCE (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide structured, faith-based recovery housing and support programs that help people rebuild their lives through responsibility, accountability, and a foundation that lasts.

What it reported doing in 2024

Nine to twelve month residential disciplineship and recovery programs for individuals with situations such as post incarceration, addiction, sex-trafficing and homelessness.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 100
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83.1%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -27.2%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 1.17; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 12.5%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 34.4% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 23.9% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 12.9% per year; rating input score 100; 69th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 4 operating locations identified
  • Where the money goes: 100% of revenue deployed · 83.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $199K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.