New Hope Childrens Clinic
Analysis
New Hope Childrens Clinic is a registered charity in United States, based in New Hope, AL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, New Hope Childrens Clinic reported income of $762k and spending of $778k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $499k to $762k (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 98% 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 Childrens Clinic sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Homesafe Inc ($762k), Anterior Hip Foundation Inc ($762k) and Kalkaal Maternity Care ($762k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $178k (23% of expenses). At year end it held assets of $556k against liabilities of $32k, net assets of $525k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 60%
- Program services 39%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Homesafe Inc | Ashtabula | $762k |
| Anterior Hip Foundation Inc | Vail | $762k |
| Kalkaal Maternity Care | Alexandria | $762k |
| Kentucky Physicians Health Foundation Inc | Louisville | $762k |