New Hope for Living Inc

Analysis

New Hope for Living Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, New Hope for Living Inc reported income of $1.2m and spending of $896k, leaving 25% of income unspent that year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Hope for Living Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Manchester Rescue Squad Inc ($1.2m), California Trinity University School of Acupuncture & Oriental ($1.2m) and Marina Counseling Center ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $190k (21% of expenses). At year end it held assets of $860k against liabilities of $114k, net assets of $746k.