Mission
REASON FOR HOPE, INC.'S MISSION IS TO PREVENT DEATHS OF DESPAIR BY HELPING TO DEVELOP AND ADVOCATE FOR THE POLICY AND LEGAL REFORMS NEEDED TO FACILITATE SAFE AND AFFORDABLE ACCESS TO PSYCHEDELIC MEDICINE AND ASSISTED THERAPIES.
Public Charity
REASON FOR HOPE INC
Based in NEW YORK, NY, REASON FOR HOPE INC operates as a Public Charity. The organization reported $1.3M in revenue, $1.1M in expenses, $895K in total assets for fiscal year 2024. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $2.0M.
EIN: 872435191
NEW YORK, NY
Alliances & Advocacy
NTEE: F01
Latest filing: 2024
Total Revenue$1.3M
Total Expenses$1.1M
Total Assets$895K
Grant Records7
Funding Total$2.0M
Filing Years2022–2024
Where $100 goes at Reason for Hope Inc
How Reason for Hope Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$95
Programs
the work itself
$3
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $95 for programs
$77
Research, policy, education, and advocacy
$18
Grant funding
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$1,251,000
GENERAL SUPPORT OF MISSION
$250,000
For grant recipient's exempt purposes
$101,000
Grant to support
$30,000
$260,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
EXECUTIVE DIRECTOR
Brett M Waters
DIRECTOR
Haley Waters
DIRECTOR OF STATE POLICY
Jesse Maclachlan
DIRECTOR
Julie Waters
DIRECTOR
Lynette Averill Phd
CHIEF EXECUTIVE OFFICER
Martin R Steele
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.3M | $1.1M | $895K |
| 2023 | $1.2M | $903K | $711K |
| 2022 | $551K | $122K | $444K |
Between 2022 and 2024, reported annual revenue grew from $551K to $1.3M (+132%), with total assets most recently reported at $895K.
Interactive year-over-year charts and full filing details available with membership.