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Nonprofits›Furnishing Hope Of Massachusetts Inc

Human Services

Furnishing Hope Of Massachusetts Inc

CAMBRIDGE, MA

Website

Total revenue

$214K

Total expenses

$204K

Net assets

$73K

Grants received

$113K

15 grants

EIN

455538995

Tax year

2024

Mission

Collecting and warehousing household goods for distribution and delivery to poor, needy or distressed individuals and families in need of financial assistance, in cooperation with and/or upon referral by charitable and other organizations that serve such disadvantaged individuals or groups.

Programs

3 programs

Having inventory of $71,166.08 to distribute these inkind donations, the organization incurred $51,175.00 to cover delivery and pick up expenses. The organization received in-kind donations from 192 [66 in 2023] individuals some directly and some individuals who made donations indirectly through for-profit organizations with which the organization has agreements in place. 2024 there were no expenses incurred to cover storage costs thanks to the organizations collaboration with household goods of acton, ma [non-profit].2024 the number of individual items of furniture delivered was 15,406 vs 8,968 in 2023. [includes furniture and home goods]

Expenses: $62K

In furtherance of its mission to provide families with the goods necessary to fully furnish their home, including common household goods, the organization purchased $10,009.25 of new household items. The organization combined the purchased items with donated inventory valued at $9,167.83 thus creating the "starter sets" with a combined value of $19,177.08 distributed to families.

Expenses: $10KGrants: $10K

The organization held two fundraising events, silent auction and ice party/raffle. These events are held to futher the organization's exempt purpose. The auction, raffle and ice party received gross revenue of $7,712.85.