New Hope Christian Counseling Foundation Inc

Analysis

New Hope Christian Counseling Foundation Inc is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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 Christian Counseling Foundation Inc reported income of $935k and spending of $934k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $686k to $935k (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hope Christian Counseling Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Community Fire Company of Perryville MD Inc ($935k), Lake Louise Christian Community ($935k) and United Way of McMinn & Meigs Counties ($935k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $61k (6.5% of expenses). Other salaries and wages came to $526k. At year end it held assets of $114k against liabilities of $1, net assets of $114k. It reported 20 employees.