New Hope Empowerment Center

Analysis

New Hope Empowerment Center is a registered charity in United States, based in Haines City, FL. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Hope Empowerment Center reported income of $91k and spending of $18k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income fell from $210k to $91k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 22% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Hope Empowerment Center sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include A Way in Inc ($91k), Second Tee ($91k) and American Muslim Womens Association ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $305k against liabilities of $52k, net assets of $253k. It reported 1 employees.