MISSION
Hive of Hope is a free gym and recreation center for people in recovery from substance use disorder. Through exercise, service, recreation, nutrition, and fellowship, Hive of Hope seeks to replace the need to use with the desire to contribute.
DEMOGRAPHIC
ADDRESS
161 CENTRAL AVE
12206
COUNTY
albany county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
HIVE OF HOPE INC is a based in ALBANY, NY, focused on Mental Health, Crisis Intervention causes , specifically Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment. Established in December 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1.00, this ranks 817,520 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 63,788 out of 159,053 organizations in NY (Top 41%).
In albany county, NY, the organization ranks 1,612 out of 3,892 nonprofits by assets (Top 42%), while locally in albany, it stands at 1,179 among 2,574 organizations (Top 46%).
The organization reported annual revenue of $98,466.00, ranking 396,489 nationally (Top 15%) and 28,502 in NY (Top 18%).
Within its specific NTEE classification (F20 - F: Mental Health, Crisis Intervention), which includes 4,980 similar organizations, HIVE OF HOPE INC ranks 1,572 in assets (Top 32%) and 922 in revenue (Top 19%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
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
F: Mental Health, Crisis Intervention
NTEE CODE
F20: Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment
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
4: $100,000 to $499,999
INCOME AMOUNT
$106,383.00
FORM 990 REVENUE AMOUNT
$98,466.00
RULING DATE
12/2021
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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