New Hope Recovery Ministries Association

Analysis

New Hope Recovery Ministries Association is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Recovery Ministries Association reported income of $251k and spending of $167k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $251k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Hope Recovery Ministries Association sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Project Liberia Inc ($250k), World Christian Leadership Conference ($251k) and Centro Christano LA Ultima Cosecha Ag ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $49k (29% of expenses). Other salaries and wages came to $18k. At year end it held assets of $218k against liabilities of $4,015, net assets of $214k. It reported 2 employees.