New Hope Transition Center Inc
Analysis
New Hope Transition Center Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, New Hope Transition Center Inc reported income of $816k and spending of $20k, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $816k (+834%), an average of +834% a year. The sharpest change came in the year to December 2023, when income rose by 834%. Over the whole period it spent 8.7% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Hope Transition Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within ID. Charities of a similar size with the same main cause include Furniture Mission ($816k), Touch a Heart Inc ($816k) and Heartland Workers Center ($816k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $864k against liabilities of $0, net assets of $864k.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Other 9.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Furniture Mission | Sioux Falls | $816k |
| Touch a Heart Inc | Aiea | $816k |
| Heartland Workers Center | Omaha | $816k |
| Farmers Market Federation of New York | Syracuse | $816k |