PROJECT HOPE BOSTON INC

ROXBURY, MA, 02119-2770 (617) 442-1880 Est. 1981 EIN 04-2748880

P400— Human Services Form 990 501(c)(3)

WWW.PROHOPE.ORG

Mission

PROJECT HOPE IS A MULTI SERVICE AGENCY THAT MOVES FAMILIES UP AND OUT OF POVERTY.PROJECT HOPE WORKS IN PARTNERSHIP WITH WOMEN AND FAMILIES IN THE DORCHESTER AND ROXBURY NEIGHBORHOODS OF BOSTON ON THEIR JOURNEYS UP AND OUT OF POVERTY. WE DO THIS BY BEING A CATALYST FOR CHANGE IN THE LIVES OF FAMILIES, DEVELOPING AND PROVIDING PROGRAMS AND FAMILY SUPPORT SOLUTIONS TO ALLEVIATE POVERTY AND HOMELESSNESS.

Financials

Total Revenue

$6,535,696

Total Expenses

$6,413,957

Net Assets

$7,764,513

77 employees 17 volunteers

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

14.5 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 57.7%

Expenses ↓ 55.3%

Revenue Sources

Contributions 97.6% Earned revenue 0.9% Investment 0.3% Other 1.0%

Expense Breakdown

Program 79.7% Management 13.9% Fundraising 6.4%

Officers & Key Employees (21)

Sign up free to see all officers. We treat individual compensation with extra care; named amounts are on Grow plans.

Filing History (4 filings)

Year	Revenue	Expenses	Net Assets
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$6,535,696 ↓	$6,413,957	$7,764,513
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$15,440,351 ↑	$14,355,748	$7,614,776
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$10,426,381 ↑	$9,613,016	$6,557,444
2017 Form 990 Jul 1, 2017 to Jun 30, 2018	$4,877,003	$4,953,439	$6,057,901