New Hope Counseling Center

Analysis

New Hope Counseling Center is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 May 2024, New Hope Counseling Center reported income of $542k and spending of $572k, spending 105% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $394k to $542k (+38%), an average of +8.3% a year. The sharpest change came in the year to May 2022, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Hope Counseling Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within AK. Charities of a similar size with the same main cause include Rachels House ($542k), El Rancho de LA Vida ($542k) and Mary D Andrus TR ($542k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $117k (20% of expenses). Other salaries and wages came to $288k. At year end it held assets of $200k against liabilities of $1,774, net assets of $198k. It reported 12 employees.