New Hope Peninsula Ministries

Analysis

New Hope Peninsula Ministries is a registered charity in United States, based in San Carlos, CA. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Hope Peninsula Ministries reported income of $132k and spending of $109k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $132k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Hope Peninsula Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Reach All Nations International ($132k), Ministry Baptist Church of the Living Word Inc ($132k) and A Time to Heal Beyond Survival ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $128k against liabilities of $2,668, net assets of $125k.