New Hope Integrated Behavioral Health Care

Analysis

New Hope Integrated Behavioral Health Care is a registered charity in United States, based in Marlboro, NJ. It received its IRS tax-exemption ruling in March 1977, 49 years ago. 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 Integrated Behavioral Health Care reported income of $22.9m and spending of $19.2m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.4m to $22.9m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hope Integrated Behavioral Health Care sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Jasper County Sheltered Facilities Association ($22.9m), Volunteers of America Inc ($23.0m) and Hospice of East Texas ($22.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $882k (4.6% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $20.8m against liabilities of $3.6m, net assets of $17.2m. It reported 288 employees.