Illinois · Nonprofit
HOPE AND EQUIP INC
HOPE AND EQUIP INC (Illinois) receives grants from 5 organizations whose IRS filings report $235,190 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($133,500). 2 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $449k
- Funders on record
- 5
- Grants received
- $235k
- Net assets
- $46k
What Hope and Equip Inc does
Mission
To facilitate kingdom growth throughout the world by empowering people through agricultural, educational, financial, medical, recreational, and vocational ministries.
As stated on its FY2024 Form 990.
Program
We find & fund - hope & equip spreads awareness for projects, helps obtain funding for necessary resources, and provides emotional support and hands- on assistance with building and launching life-changing programs. We empower - we bring hope to the disadvantaged, poor and destitute by empowering them to build better lives and improve their communities. We strengthen - our goal is that when we leave our work sites, the nationals are fully-equipped and ready to not only continue the established programs, but to use their resources to reach out, spread the love of christ, and made a difference in their communities. - cont. On sch. O
$521,181 spentof which $521,181 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $521,181.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $102k to $46k (−55%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of HOPE AND EQUIP INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income fell $49k → $10k.
3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 79% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HOPE AND EQUIP INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HOPE AND EQUIP INC leans on a few funders — its largest provides 57% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOPE AND EQUIP INC.
Largest funder’s share by year: 2020 100% · 2021 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
79% of HOPE AND EQUIP INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $50k that is directly attributable, 100% of it comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $186k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HOPE AND EQUIP INC has grown faster than three-quarters of the 4,524 international nonprofits its size.
this organization peer median middle 50% of peers· 4,524 international nonprofits $100k–$1M, FY2024
Organizations like HOPE AND EQUIP INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
50%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HOPE AND EQUIP INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HOPE AND EQUIP INC?
- HOPE AND EQUIP INC (Illinois) receives grants from 5 organizations whose IRS filings report $235,190 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($133,500). 2 of them have funded it in more than one year, and 79% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HOPE AND EQUIP INC have?
- IRS filings report 5 organizations giving $235,190 in grants to HOPE AND EQUIP INC, 2 of which have funded it in more than one year.
- Who is the largest funder of HOPE AND EQUIP INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $133,500 in grants. The full list of funders is on this page.
- How can an organization like HOPE AND EQUIP INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing