New Hope Village Foundation

Analysis

New Hope Village Foundation is a registered charity in United States, based in Carroll, IA. It received its IRS tax-exemption ruling in October 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, New Hope Village Foundation reported income of $618k and spending of $641k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $607k to $618k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to September 2021, when income rose by 126%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hope Village Foundation 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 76th percentile within IA. Charities of a similar size with the same main cause include Locus Science Fiction Foundation ($618k), Oregon Association of Minority Entr Epreneurs ($618k) and Habitat for Humanity International Inc ($618k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $5.9m against liabilities of $6,242, net assets of $5.9m.