Public Charity

THE REASON FOR OUR HOPE FOUNDATION

THE REASON FOR OUR HOPE FOUNDATION is a Public Charity headquartered in ERIE, PA. Financial data from the 2024 filing: $512K revenue, $484K expenses, $1.2M total assets. 9 publicly reported grants to this organization, totaling roughly $76K, appear in IRS filings.

EIN: 201674258 ERIE, PA Roman Catholic NTEE: X22 Latest filing: 2024
Total Revenue$512K
Total Expenses$484K
Total Assets$1.2M
Grant Records9
Funding Total$76K
Filing Years2019–2024

Mission

THE MISSION IS TO SPREAD THE GOOD NEWS OF JESUS CHRIST AND HIS CHURCH THROUGH VARIOUS MULTIMEDIA RESOURCES AND TO MAKE AVAILABLE CATHOLIC SPEAKERS WHO ARE EFFECTIVE INSTRUMENTS OF THIS EVANGELIZATION.

Where $100 goes at The Reason for Our Hope Foundation

How The Reason for Our Hope Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$57 Programs the work itself
$40 Management running the organization
$3 Fundraising raising the next dollar

Inside the $57 for programs

$57
The organization spreads the gospels by conducting and providing speakers for conferences and retreats and also by sales of related media products
All program spending
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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.

Officers & Directors

BOARD MEMBER Andrew Noll
BOARD MEMBER Daniel Schaaf
SECRETARY Debra A Thompson
BOARD MEMBER Erik Hiss
PRESIDENT Father Larry Richards
BOARD MEMBER James Mccarthy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$27,486 3 grants
Religion & Spirituality
$8,950 1 grant
Education
$8,300 1 grant
Unspecified
$31,677 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $512K $484K $1.2M
2023 $495K $478K $1.1M
2022 $551K $543K $1.1M
2020 $541K $457K $1.1M
2019 $456K $470K $1.1M

Between 2019 and 2024, reported annual revenue grew from $456K to $512K (+12%), with total assets most recently reported at $1.2M.

Interactive year-over-year charts and full filing details available with membership.

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