HOPE CHICAGO INC

CHICAGO, IL, 60601 (312) 477-3710 Est. 2021 EIN 86-2828908

990 - Public charity return 501(c)(3)

www.hopechicago.org

Mission

HOPE CHICAGO'S MISSION IS TO ELIMINATE BARRIERS TO EDUCATIONAL AND ECONOMIC EQUITY BY PROVIDING ACCESS TO DEBT-FREE POSTSECONDARY EDUCATION TO TENS OF THOUSANDS OF CHICAGO PUBLIC SCHOOL STUDENTS AND THEIR PARENTS, AS WELL AS THE SUPPORT TO COMPLETE THOSE POSTSECONDARY PATHWAYS.

Financials

Total Revenue

$18,696,849

Total Expenses

$20,294,484

Net Assets

$25,042,558

36 employees 225 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

14.8 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 45.3%

Expenses ↑ 15.9%

Revenue Sources

Contributions 89.8% Investment 1.5% Other 9.0%

Expense Breakdown

Program 82.6% Management 6.4% Fundraising 11.0%

Officers & Key Employees (35)

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Grants Received (190)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$18,696,849 ↑	$20,294,484	$25,042,558
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$12,870,908 ↑	$17,506,636	$26,361,210
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$10,716,166 ↓	$12,033,530	$30,661,560
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$25,597,442 ↑	$3,747,347	$31,975,452
2020 990 - Public charity return Mar 10, 2021 to Jun 30, 2021	$10,363,221	$215,974	$10,147,247