Hope Children’s Home
Legal name: Hope International Ministries Inc
Nonprofit profile at a glance
- EIN
- 620879012
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Tampa, FL, United States
- Phone
- 813-961-1214
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Group Homes
- Affiliation
- Christianity
Reported finances
- Revenue
- $7,185,280
- Expenses
- $7,751,397
- Assets
- $15,038,135
- Liabilities
- $174,886
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Matt Higgins (CEO)
Highest reported compensation
- Matt Higgins (CEO): $63,042 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hope Children’s Home cares for neglected, abandoned, and abused children—loving them and equipping them for the future. Our school program in Florida has a 30-year track record of success. It begins in our Nursery and continues through the 12th grade. We are proud to say that over 95% of the students who graduate from Hope Christian School continue to college. With your support, these guiding principles are enabling children across our three ministries (Florida, Honduras, and Bundles of Hope) to believe again – in themselves, and in a Father who loves them. And it’s been happening for more than half a century. More than 55 Years of Helping Children Believe Again.
What it reported doing in 2024
Founded in 1968 Hope International Ministries Inc. has been rescuing children for more than 50 years. Theses children are from abusive, orphaned, and neglected situations and come to the ministry from Florida and all around the world. Located in Tampa, FL on 55 acres of beautiful woodlands, the staff of Hope live on campus, which enables them to provide around the clock care and support to the resident children. In 2023, Hope cared for 145 children, providing not just a loving home, but also a quality education in their educational program. Hope cares for children from infants through 18 years old, providing education from preschool through high school. The graduation rate of the program far exceeds state wide averages.Over 90% of the children continue on to pursue a college education, and Hope provides tuition assitance to those graduates in the form of scholarships and internship/work programs. The organization is supported 100% through contributions from individuals, churches, and organizations.In September 2019, a 2nd US campus was opened. This children's home is located in Clovis, New Mexico and continues the mission by rescuing children in that and the surrounding area. This campus continues to construct and expand its residential facilities so that it can care for additional children.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.4%; rating input score 96
- Program expense ratio: 89.2%; rating input score 89
- Fundraising efficiency: $15.04 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -7.9%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 1.94; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 0.8%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 8.1% per year; rating input score 100; 50th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 96.4% of revenue deployed · 89.2% of spending went to programs
- Governance: 5 of 5 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $6.9M in reported program spending
- Leadership: top reported pay $63K · 6 people listed
- Highest-paid contractors: 1 contractor listed · $255K reported
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 51/100.
- High — Sustainability: Operating margin scored 16/100.