New Hope for Children Africa

Analysis

New Hope for Children Africa is a registered charity in United States, based in Camano Island, WA. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, New Hope for Children Africa reported income of $248k and spending of $233k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $105k to $248k (+137%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 357%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Hope for Children Africa sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Scores Reentry ($248k), Abundant Life Pregnancy Resource Center ($248k) and Fauquier Education Farm Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $408k against liabilities of $0, net assets of $408k.