North Carolina · Nonprofit
ONLY HOPE WNC
ONLY HOPE WNC (North Carolina) receives grants from 12 organizations whose IRS filings report $579,065 to it, the largest being WNC BRIDGE FOUNDATION ($178,063). 9 of them have funded it in more than one year.
- Revenue FY2023
- $188k
- Funders on record
- 12
- Grants received
- $579k
- Net assets
- $42k
What Only Hope Wnc does
Mission
Serving the Homeless Youth of WNC
As stated on its FY2023 Form 990-EZ.
Programs
Dream Home Program - This is our housing program for Homeless Teenage Guys serving 83 Youths. This included serves in this program of Food Clothing Medical Care Equipment Personal Expenses and Activities; this program has five beds available to any who need them.
$39,677 spent100% of program spendingAssistance Fund- From time to time requests come in for things not located in our pantry. It could be gas cards clothing for jobs class dues sports participation fees graduation expenses. This fund served 4201 youth in 2023. This service is based on availability.
$0 spent0% of program spendingSleepout Outreach Event - This is to help people in the community see the homeless issue by spending one night one the steps of the court house this expense is for shirts wristbands food. Last year 51 people was apart of this night with more than 100 people come by to learn more information.
$0 spent0% of program spending
The 3 programs described on its FY2023 Form 990-EZ. Program spending in total: $39,677.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5k to $48k (+854%).
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.
84% of ONLY HOPE WNC’s revenue is contributions — about as donation-reliant as the typical peer (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
Leadership and staff
Chief executive
Michael Absher
CEO
As listed on its FY2023 Form 990-EZ.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $5k → $86k.
4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% 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 ONLY HOPE WNC’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
ONLY HOPE WNC leans on a few funders — its largest provides 31% of grant income and the top three 70%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
94% 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 ONLY HOPE WNC.
Largest funder’s share by year: 2017 100% · 2019 100% · 2020 52% · 2021 99% · 2022 72% · 2023 58% — diversifying over time.
“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.
How long its funders stay
25% of ONLY HOPE WNC's funders are still giving 3 years after their first grant; 75% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
99% of ONLY HOPE WNC's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $241k 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
ONLY HOPE WNC has grown faster than three-quarters of the 21,056 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,056 human services nonprofits $100k–$1M, FY2023
Organizations like ONLY HOPE WNC
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 North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
88%
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 ONLY HOPE WNC: 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 ONLY HOPE WNC?
- ONLY HOPE WNC (North Carolina) receives grants from 12 organizations whose IRS filings report $579,065 to it, the largest being WNC BRIDGE FOUNDATION ($178,063). 9 of them have funded it in more than one year.
- How many funders does ONLY HOPE WNC have?
- IRS filings report 12 organizations giving $579,065 in grants to ONLY HOPE WNC, 9 of which have funded it in more than one year.
- Who is the largest funder of ONLY HOPE WNC?
- WNC BRIDGE FOUNDATION is the largest funder on record, with $178,063 in grants. The full list of funders is on this page.
- How can an organization like ONLY HOPE WNC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Only Hope Wnc →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2019–2023), and the filings of 12 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