Public Charity

TRUE HOPE

TRUE HOPE is a Public Charity headquartered in Saint Michael, MN. Financial data from the 2025 filing: $340K revenue, $334K expenses, $11K total assets. 9 publicly reported grants to this organization, totaling roughly $77K, appear in IRS filings.

EIN: 263562183 Saint Michael, MN Children & Youth Services NTEE: P30 Latest filing: 2025
Total Revenue$340K
Total Expenses$334K
Total Assets$11K
Grant Records9
Funding Total$77K
Filing Years2021–2025

Mission

See Schedule O

Where $100 goes at True Hope

How True Hope divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The specific purpose for which the corporation is organized is to minister to single mothers, abandoned children, those in prison, individuals with special needs, orphans and victims of…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Vice President Clay Witte
Treasurer Jeff Karlson
Director Joy Karlson
Director Martha Witte
Secretary Mary Hedlund
President Wayne Hedlund

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$48,500 6 grants
General Support
$18,550 2 grants
Religion & Spirituality
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $340K $334K $11K
2024 $276K $282K $6K
2023 $253K $313K $12K
2022 $774K $706K $72K
2021 $733K $732K $4K

Between 2021 and 2025, reported annual revenue declined from $733K to $340K (-54%), with total assets most recently reported at $11K.

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

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