New Hope Ministries India Inc

Analysis

New Hope Ministries India Inc is a registered charity in United States, based in Plainfield, IN. It received its IRS tax-exemption ruling in September 2014, 12 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 Ministries India Inc reported income of $489k and spending of $447k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $476k to $489k (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 328%. Over the whole period it spent 58% 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 Ministries India Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Compassion Services International ($489k), Global Santa Fe ($489k) and Junior Achievement of North Louisiana Inc ($488k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.