New Hope Center for Grief Support Inc

Analysis

New Hope Center for Grief Support Inc is a registered charity in United States, based in Northville, MI. It received its IRS tax-exemption ruling in June 2000, 26 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 2023, New Hope Center for Grief Support Inc reported income of $445k and spending of $469k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $445k (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 92% 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 Center for Grief Support Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include The Highlands Foundation ($445k), Giving Recovery a Chance Everday Inc ($446k) and Fresh Hope Inc ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $75k (16% of expenses). Other salaries and wages came to $243k. At year end it held assets of $387k against liabilities of $84k, net assets of $303k. It reported 9 employees.