My New Hope Foundation

Analysis

My New Hope Foundation is a registered charity in United States, based in Murrieta, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, My New Hope Foundation reported income of $107k and spending of $107k, spending 101% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $173k to $107k (-38%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, My New Hope Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Wagging Tails Rescue Inc ($107k), Kreitzers Critter Corral Puppyrescue ($107k) and Walker County Humane Society Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 93% of the total. At year end it held assets of $64 against liabilities of $0, net assets of $64.