GOOD HOPE FOUNDATION INC
CHICAGO,
Illinois,
60621
EIN: 36-3754574
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
Good Hope Foundation provides charitable services in the form of food, clothes, housing, education and community garden to the Englewood community. We support the basic needs of our seniors, youth and parents. We make a difference in the community.
N/ADEMOGRAPHIC
ADDRESS
7101 S UNION AVE
60621
COUNTY
cook county, IL
IN CARE OF NAME
REV EDWARD CLARK
ORGANIZATIONAL OVERVIEW & RANKINGS
GOOD HOPE FOUNDATION INC is a based in CHICAGO, IL, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Community Foundations. Established in February 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $160,003.00, this ranks 436,440 among 2,656,690 nonprofits nationally (Top 17%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 18,851 out of 106,037 organizations in IL (Top 18%).
In cook county, IL, the organization ranks 9,327 out of 46,103 nonprofits by assets (Top 21%), while locally in chicago, it stands at 6,466 among 28,197 organizations (Top 23%).
The organization reported annual revenue of $34,150.00, ranking 532,127 nationally (Top 21%) and 20,760 in IL (Top 20%).
Within its specific NTEE classification (T31 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 4,422 similar organizations, GOOD HOPE FOUNDATION INC ranks 1,292 in assets (Top 29%) and 1,463 in revenue (Top 33%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
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 N/A.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Unspecified
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T31: Community Foundations
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
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$34,150.00
FORM 990 REVENUE AMOUNT
$34,150.00
RULING DATE
02/2021
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$160,003.00
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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