New Hope Immigration Services Inc

Analysis

New Hope Immigration Services Inc is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Immigration Services Inc reported income of $484k and spending of $517k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $215k to $484k (+125%), an average of +18% a year. The sharpest change came in the year to December 2019, when income rose by 89%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, New Hope Immigration Services Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include LA Mision Encontrandome Con Cristo Guatemala Mission ($483k), Estonian Students Fund in U S a Inc ($484k) and Del Rey Missions-El Rancho Del Rey ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $41k (7.9% of expenses). Other salaries and wages came to $298k. At year end it held assets of $22k against liabilities of $9,442, net assets of $12k. It reported 11 employees.