Hope Network
3075 Orchard Vista Dr SE, Grand Rapids, MI · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $174,983,988 | $169,487,639 | $131,231,895 |
| FY2024 | $183,764,829 | $167,959,656 | $126,644,599 |
| FY2023 | $165,555,027 | $147,069,397 | $109,532,877 |
| FY2022 | $158,285,699 | $147,314,748 | $82,428,434 |
| FY2021 | $153,118,901 | $143,302,121 | $71,283,882 |
| FY2020 | $149,586,179 | $147,349,371 | $60,954,298 |
| FY2019 | $156,117,363 | $145,017,489 | $61,325,882 |
| FY2018 | $145,655,885 | $135,639,349 | $55,836,809 |
| FY2017 | $136,246,161 | $128,252,231 | $51,855,405 |
| FY2016 | $129,189,608 | $121,915,482 | $50,656,451 |
| FY2015 | $124,777,778 | $118,013,926 | $45,811,434 |
| FY2014 | $123,655,359 | $121,984,628 | $42,288,293 |
| FY2013 | $122,723,669 | $123,066,108 | $39,795,173 |
| FY2012 | $120,876,249 | $119,217,800 | $41,829,213 |
Form 990 filings
The returns filed by Hope Network (EIN 90-0805115), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of listed sources |
|---|---|---|
| Contributions & grants | $13,521,286 | 8% |
| Program service revenue | $161,716,948 | 92% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $153,852,567 | 91% |
| Management & general | $14,894,639 | 9% |
| Fundraising | $740,433 | <1% |
What the numbers show
- Program service revenue was the largest of the listed revenue sources in FY2025.
- Program services accounted for 91% of functional expenses, management & general 9%, and fundraising 0%.
- 91% of functional expenses went to program services in FY2025. That is higher than 66.4% of 929 Housing & Shelter organizations nationwide (too few in MI for a state comparison).
- Net assets covered about 9.3 months of expenses at the end of the reporting year. That puts it in the 45th percentile among 434 Housing & Shelter organizations in MI.
- Total revenue was the highest among 444 Housing & Shelter organizations in MI.
- Total revenue rose from $120,876,249 in FY2012 to $174,983,988 in FY2025. Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2013).
- The highest revenue on record here is $183,764,829 in FY2024.
- Net assets grew from $41,829,213 to $131,231,895 between FY2012 and FY2025.
- Contributions and grants made up 1% of revenue in FY2012 and 8% in FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IN CHRISTIAN SERVICE, HOPE NETWORK EMPOWERS PEOPLE TO OVERCOME CHALLENGES TO ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE.
IRS status
| Ruling year | 2011 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | L20 — Housing & Shelter |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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