New Hope on the Last Frontier

Analysis

New Hope on the Last Frontier is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 April 2023, New Hope on the Last Frontier reported income of $212k and spending of $186k, spending 88% of its income. Across the 4 years on record, from April 2020 to April 2023, income fell from $218k to $212k (-2.9%), an average of -1.0% a year. The sharpest change came in the year to April 2021, when income rose by 82%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Hope on the Last Frontier sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 50th percentile within AK. Charities of a similar size with the same main cause include Small Farm Institute Inc ($212k), Glacc Inc ($212k) and First United Methodist Childcare Center ($212k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (31% of expenses). Other salaries and wages came to $27k. At year end it held assets of $133k against liabilities of $2,876, net assets of $130k. It reported 5 employees.