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The Hope Foundation Logo

MIP Score

69

Health Associations
General Medical Services

The Hope Foundation

Mission

To raise and contribute funds for the treatment and prevention of cancer.

Basic Information

Tax-Exempt

Address

24 Frank Lloyd Wright Dr, Ann Arbor, Michigan, 48105

View all Ann Arbor charities

Founded in

1993

EIN

74-2655302

Total Assets

$56.69 million

MIP Score (Beta)

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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

69

50

/100

Program Expense Ratio

88.69%

20

/20

Program Revenue Growth

0.96%

4

/20

Leverage Ratio

0.4443

8

/20

Working Capital Ratio

2.873

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 Grants5.776M58.50%
Program Services2.714M27.49%
Investment Income1.041M10.55%
Sales of Non-Inventory Assets318.3K3.22%
Other Notable Sources23.01K0.23%
Total Revenue9.872M100.00%