New Hope Counseling Center

Analysis

New Hope Counseling Center is a registered charity in United States, based in Centerville, IA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Counseling Center reported income of $322k and spending of $228k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $322k (+90%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Hope Counseling Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within IA. Charities of a similar size with the same main cause include Progressive Housing of Putnam County Inc ($322k), Foster Love Bell County Inc ($322k) and Patchogue-Medford Youth Services ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 64% of the total. Other salaries and wages came to $116k. At year end it held assets of $664k against liabilities of $312k, net assets of $352k. It reported 7 employees.