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REASON FOR HOPE INC

EIN 87-2435191 NEW YORK, NY

Largest nonprofits in New York

Revenue 2024
$1,276,548
Expenses 2024
$1,119,942

Program services were 91.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
F01
Classification
1200
Street
235 E 49TH ST APT 10E

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

REASON FOR HOPE, INC.'S MISSION IS TO PREVENT DEATHS OF DESPAIR BY HELPING TO DEVELOP AND ADVOCATE FOR THE POLICY AND LEGAL REFORMS NEEDED TO FACILITATE SAFE AND AFFORDABLE ACCESS TO PSYCHEDELIC MEDICINE AND ASSISTED THERAPIES.

Activities or mission (Part I)

REASON FOR HOPE, INC.'S MISSION IS TO PREVENT DEATHS OF DESPAIR BY HELPING TO DEVELOP AND ADVOCATE FOR THE POLICY AND LEGAL REFORMS NEEDED TO FACILITATE SAFE AND AFFORDABLE ACCESS TO PSYCHEDELIC AND OTHER EMERGING THERAPIES FOR THE TREATMENT OF VARIOUS MENTAL HEALTH CONDITIONS.

  • RESEARCH, POLICY, EDUCATION, AND ADVOCACY: PROGRAMS FOCUSED ON RESEARCH, POLICY DEVELOPMENT, AND EDUCATION INCLUDING SPEAKING ENGAGEMENTS DISCUSSING PUBLIC MENTAL HEALTH, SPECIFICALLY THE SUICIDE AND OVERDOSE CRISES, AND THE POTENTIAL BENEFITS OF PSYCHEDELIC-ASSISTED THERAPIES; ADVOCACY TO INCREASE PUBLIC FUNDING AND REDUCE REGULATORY BARRIERS FOR RESEARCH AND COMPASSIONATE USE.

    Expenses $833,840

  • GRANT FUNDING: PROVIDES FUNDING TO VETERAN MENTAL HEALTH LEADERSHIP COALITION FOR EDUCATION OF VETERAN COMMUNITY ON PSYCHEDELIC AND OTHER EMERGING THERAPIES FOR VETERANS, COMMUNITY ORGANIZING AND EVENTS, CONSENSUS POLICY DEVELOPMENT, AND ADVOCACY.

    Expenses $190,000 · Grants $190,000

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Haley Waters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Julie Waters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jesse MacLachlan

    DIRECTOR OF STATE POLICY

    Total calculated
    $120,000
    From this org
    $120,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    45

  • Brett M Waters

    EXECUTIVE DIRECTOR

    Total calculated
    $250,000
    From this org
    $250,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    70

    Schedule J breakdown matched by us

    Base
    $250,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $250,000

  • Martin R Steele

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $120,000
    From this org
    $120,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Lynette Averill PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,276,548
    Expenses
    $1,119,942
    Contributions
    $1,260,680
    Grants paid
    $190,000
  • 2023
    Revenue
    $1,178,392
    Expenses
    $902,685
    Contributions
    $1,178,392
    Grants paid
    $160,000
  • 2022
    Revenue
    $550,954
    Expenses
    $122,220
    Contributions
    $549,371
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Form 990-N e-Postcard, tax year 2021

Tax period
1 January 2021 to 31 December 2021
Principal officer
Brett Waters
Mailing address
235 E 49th Street Apt 10ENew York NY 10017
Website
www.reason-for-hope.org

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.