Waynesboro New Hope Shelter Inc

Analysis

Waynesboro New Hope Shelter Inc is a registered charity in United States, based in Waynesboro, PA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Waynesboro New Hope Shelter Inc reported income of $522k and spending of $366k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $522k (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waynesboro New Hope Shelter Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Employees Day Care Corporation ($521k), Sistahfriends ($522k) and Toys for Texans ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $55k (15% of expenses). Other salaries and wages came to $89k. At year end it held assets of $773k against liabilities of $767, net assets of $773k. It reported 13 employees.