New Hope Community Development Corporation of Northern California

Analysis

New Hope Community Development Corporation of Northern California is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Community Development Corporation of Northern California reported income of $296k and spending of $290k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $296k to $296k (+0.0%), an average of +0.0% a year. The sharpest change came in the year to June 2022, when income rose by 148%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New Hope Community Development Corporation of Northern California sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Working Parents Alliance Inc ($296k), Eau Claire United Soccer Club ($296k) and Boys & Girls Club of Cuero Inc ($295k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $16k (5.5% of expenses). Other salaries and wages came to $189k. At year end it held assets of $332k against liabilities of $136k, net assets of $196k. It reported 17 employees.