New Hope International Ministries Inc

Analysis

New Hope International Ministries Inc is a registered charity in United States, based in SW Ranches, FL. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 International Ministries Inc reported income of $102k and spending of $98k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $102k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Hope International Ministries Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Christian Prayer Breakfast Fort Worth Tarrant County Inc ($102k), Elijahs Bread Ministries Inc ($102k) and Bezerra de Menezes Kardecian Spiritist Association Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.