New Hope Childrens Ministries

Analysis

New Hope Childrens Ministries is a registered charity in United States, based in Yorkville, NY. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Childrens Ministries reported income of $628k and spending of $669k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $580k to $628k (+8.2%), an average of +2.0% a year. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, New Hope Childrens Ministries sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Friends of the American International School of Algiers in ($628k), American Initiatives for Social Development Foundation ($628k) and Peruvian American Medical Society Endowment Fund ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $84k. At year end it held assets of $178k against liabilities of $0, net assets of $178k. It reported 4 employees.