Nueva Esperanza- New Hope Girls Inc

Analysis

Nueva Esperanza- New Hope Girls Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 2012, 14 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 (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 2022, Nueva Esperanza- New Hope Girls Inc reported income of $1.2m and spending of $899k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $514k to $1.2m (+134%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 62% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nueva Esperanza- New Hope Girls Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Crisis Action Inc ($1.2m), Unitus Labs ($1.2m) and Boaz Project Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $81k (9.0% of expenses). Other salaries and wages came to $325k. At year end it held assets of $1.9m against liabilities of $20k, net assets of $1.9m. It reported 5 employees.