Houston, TX

HOPE ECONOMY INC

EIN 47-2552430

International Development & Humanitarian Aid Global Development & Relief Survivors of violence Children & youth Low-income

Mission

HOPE ECONOMY INC partners with local charities, ministries, and other nonprofit organizations to improve quality of life in underserved communities. Its stated programs include feeding families in the Houston area, providing support and assistance to victims of human trafficking, and building orphanages and water wells in developing countries.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

Claim this page Visit www.hopeeconomy.org

About HOPE ECONOMY INC

HOPE ECONOMY INC (also operating under names referenced publicly such as Ft5k/Gabriel Foundation) is a Houston-based 501(c)(3) nonprofit (tax-exempt since 2015) that focuses on faith-informed community and international relief work. The organization describes its activities as a mix of local service (food support and victim assistance) and international infrastructure projects (orphanage and water-well construction).

In recent years HOPE ECONOMY has reported annual revenues on the order of a million dollars and operates with volunteer leadership. Its most recently reported fiscal-year totals show FY2024 revenue of approximately $1.37M and expenses of roughly $1.50M, with total net assets reported in the mid-six-figure range. Key named officers on public filings include Mike Thakur (President), Kristen McKenzie (Treasurer), and Charles Logan (Director).

Notable achievements

Sustained seven-figure fundraising years

The organization reported multiple fiscal years with more than $1 million in contributions (notably in 2021, 2022 and again in 2024), demonstrating capacity to raise significant donor support across recent reporting periods.

High program-focused spending

Public financial summaries show virtually all reported expenses classified as program-related, yielding a program expense profile that indicates funds are primarily directed toward program activities and grants/partner work rather than internal overhead.

Regular federal filings and public financial disclosure

HOPE ECONOMY has filed consecutive Form 990 returns in recent years, keeping its federal tax-exempt filing record current and publicly accessible.

At a glance

Total assets: $643K
Annual revenue: $1.4M
Tax status: 501(c)(3)Public charity
EIN: 47-2552430
Location: Houston, TX
Website: www.hopeeconomy.org
On Mahalo since: May 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Listed and profiled by major nonprofit data platforms (public Form 990 data aggregated on nonprofit data portals).

Evaluated on Charity Navigator’s site and assigned an accountability/finance score and overall rating level on that platform.

Recognized in federal exempt-organization records as a 501(c)(3) public charity (tax-exempt since 2015).

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