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MISSION

Cost of Hope offers grants to the public to cover unforeseen, non-recurring fees. People needing help would apply through our website, upload qualifying documents to determine eligibility. If they meet criteria, COH would send funds to the entity.

 FORM 1023-EZ for COST OF HOPE

WWW.COSTOFHOPE.ORG

DEMOGRAPHIC

ADDRESS
2785 E GRAND BLVD
48211
COUNTY
wayne county, MI

ORGANIZATIONAL OVERVIEW & RANKINGS

COST OF HOPE is a based in DETROIT, MI, focused on Human Services - Multipurpose and Other causes , specifically Emergency Assistance (Food, Clothing, Cash). Established in August 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,210,436 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 30,699 out of 79,991 organizations in MI (Top 39%).

In wayne county, MI, the organization ranks 5,953 out of 13,625 nonprofits by assets (Top 44%), while locally in detroit, it stands at 1,932 among 6,749 organizations (Top 29%).

The organization reported no revenue in the most recent filing period, placing it at 1,101,283 nationally and 38,605 in MI.

Within its specific NTEE classification (P60 - P: Human Services - Multipurpose and Other), which includes 7,887 similar organizations, COST OF HOPE ranks 3,585 in assets (Top 46%) and 2,576 in revenue (Top 33%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at WWW.COSTOFHOPE.ORG.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
P60: Emergency Assistance (Food, Clothing, Cash)
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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