Camp New Hope Inc

Analysis

Camp New Hope Inc is a registered charity in United States, based in Mattoon, IL. It received its IRS tax-exemption ruling in August 1957, 69 years ago. 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, Camp New Hope Inc reported income of $591k and spending of $646k, spending 109% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $1.4m to $591k (-59%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camp New Hope Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Women Helping Women Fund ($591k), Court Appointed Special Advocates of Missoula Inc ($591k) and Attention Deficit Disorder Association ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). Other salaries and wages came to $263k. At year end it held assets of $3.0m against liabilities of $1.1m, net assets of $1.9m. It reported 52 employees.