Promise of Hope Ministries Logo

MIP Score

53

Religion
Religious TV Production

Promise of Hope Ministries

Mission

Promise of Hope is dedicated to uplifting individuals and families through various support programs, community services, and outreach initiatives aimed at alleviating hardship and fostering resilience.

Basic Information

Tax-Exempt

Address

37414-7064, Chattanooga, Tennessee

View all Chattanooga charities

Founded in

2001

EIN

71-0861458

Total Assets

$609.4 thousand

At a Glance

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

53

56

/100

Program Expense Ratio

100.00%

20

/20

Program Revenue Growth

-100.00%

2

/20

Leverage Ratio

0.1814

16

/20

Working Capital Ratio

2.428

16

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants120.6K100.00%
Program Services00.00%
Investment Income00.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue120.6K100.00%