Ministry Spotlight: Hope Media Group
Significant changes in part the result of merger with WAY Media
This month, Hope Media Group’s overall MinistryWatch rating fell from 2 stars to 1 star.
Headquartered in Houston, Texas, Hope Media Group owns radio station KSBJ, as well as the national network of WayFM stations, and the Spanish-language Christian network “Vida Unida.” The organization also hosts concerts through its Hope Events arm and created the God Listens Prayer App.
The media group, which has a 1-star fund acquisition rating, ranks 27 out of 28 in Ministry Watch’s Radio/TV Stations Sector. Its fundraising costs jumped from 6% to 20% between 2022 and 2023. The sector median cost is 5%.
Hope Media Group has more than doubled in size since its merger with WAY Media, which MinistryWatch reported in 2022. also ranks 26 out of 28 in overall efficiency for the Radio/TV Stations Sector. In 2023, the organization’s total expenses were $37.9 million and its revenue was $33.4 million.
Despite these changes, Hope Media Group has maintained top ratings in other areas from MinistryWatch. Its Donor Confidence Score puts it in the “Give With Confidence” category. It has an “A” Transparency Grade.
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MinistryWatch Donor Confidence Score: 81 (out of a possible 100) “Give With Confidence”
MinistryWatch Financial Efficiency Rating: 1 Star (out of a possible 5 Stars)
MinistryWatch Transparency Grade: A
ECFA Member? Yes
Revenue in Most Recent Year Available: $33,415,393
Five-Year Revenue Trend: Increasing (by about 121.6%)
Percent of Revenue Hope Media Group Spends on Fundraising: 20%
Percent Peer Group Spends on Fundraising: 5%
CEO/President: Joe Paulo
President’s Salary and Other Compensation: $402,967
A complete MinistryWatch profile for Hope Media Group can be found here.
Find recent MinistryWatch articles mentioning Hope Media Group here.
MAIN PHOTO: Video screenshot
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