New Hope Presbyterian Church

Analysis

New Hope Presbyterian Church is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Hope Presbyterian Church reported income of $599k and spending of $616k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $503k to $599k (+19%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Hope Presbyterian Church sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Canaveral Port Ministry Inc ($599k), Holy Names Foundation ($599k) and Life Changing Ministries Inc ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $176k (29% of expenses). At year end it held assets of $1.1m against liabilities of $719k, net assets of $383k. It reported 4 employees.