New Hope for Disadvantaged Children

Analysis

New Hope for Disadvantaged Children is a registered charity in United States, based in Cypress, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 for Disadvantaged Children reported income of $196k and spending of $199k, spending 101% of its income. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New Hope for Disadvantaged Children sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include The Advance Project ($196k), Project Future Incorporated ($196k) and Dream Builders Inc ($196k).

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 $147k against liabilities of $0, net assets of $147k.