New Hope Mission Society Inc

Analysis

New Hope Mission Society Inc is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Hope Mission Society Inc reported income of $129k and spending of $128k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $129k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Hope Mission Society Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Cheriyans Global Outreach ($129k), Pursuing the Father Ministries ($129k) and Think Twice Ministries NFP ($129k).

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 $83k against liabilities of $0, net assets of $83k.