New Hope Community Service Center

Analysis

New Hope Community Service Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, New Hope Community Service Center reported income of $840k and spending of $826k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.6m to $840k (-49%), an average of -20% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Hope Community Service Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Health Alliance of Northern California ($839k), Henry Ford Health Genesys Foundation ($840k) and Twin County Community Foundation ($839k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $57k (6.9% of expenses). Other salaries and wages came to $370k. At year end it held assets of $246k against liabilities of $499k, net assets of -$252k. It reported 22 employees.