New Hope School Inc

Analysis

New Hope School Inc is a registered charity in United States, based in Rossville, IN. It received its IRS tax-exemption ruling in January 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, New Hope School Inc reported income of $74k and spending of $76k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $87k to $74k (-14%), an average of -14% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hope School Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Maximum Accessible Housing of Ohio ($74k), Orders and Medals Society of America ($74k) and Maryland Creative Problem Solvers Inc ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 39% of the total. At year end it held assets of $125k against liabilities of $1,102, net assets of $124k.