Ozarks New Hope Inc

Analysis

Ozarks New Hope Inc is a registered charity in United States, based in Mount Vernon, MO. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Ozarks New Hope Inc reported income of $372k and spending of $229k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $479k to $372k (-22%), an average of -8.1% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ozarks New Hope Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Southern Sudan Health Care Organization ($372k), Simon Keith Foundation ($372k) and The Eden Clinic Inc ($372k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 21% and program service revenue 73% of the total. Other salaries and wages came to $60k. At year end it held assets of $523k against liabilities of $313k, net assets of $210k.