New Hope Counseling Services Incorporated

Analysis

New Hope Counseling Services Incorporated is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Hope Counseling Services Incorporated reported income of $310k and spending of $338k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $310k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 96% 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 Services Incorporated sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Esperanza Health Center Support Corporation ($310k), Rock County Cancer Coalition ($310k) and Auxiliary of the Camden Clark Memorial Hospital of Parkersburg ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $58k. At year end it held assets of $72k against liabilities of $5,834, net assets of $66k. It reported 6 employees.