990 Scout/ New Hope INC/ Financials

Financial Information for New Hope INC

New Hope INC's annual revenue was $6.3M in tax year 2024, reported on their IRS Form 990. They spent $4.2M in total expenses. 77% went to programs and services.

Financial Breakdown

What is New Hope INC's total annual expenses?

New Hope INC spent $4.2M in tax year 2024, according to their IRS Form 990 filing.

How much of New Hope INC's budget goes to programs?

New Hope INC spent $3.2M (77% of expenses) on programs and services in tax year 2024.

How much does New Hope INC spend on overhead?

New Hope INC's overhead in tax year 2024 includes administrative (21%) and fundraising (3%) of their expenses.

What is New Hope INC's net worth?

New Hope INC had net assets of $7.0M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.