New Hope Refuge

Analysis

New Hope Refuge is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in July 2020, 6 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 December 2023, New Hope Refuge reported income of $507k and spending of $441k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $277k to $507k (+83%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 82% 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 Refuge sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AR. Charities of a similar size with the same main cause include Barn at Spring Brook Farm Inc ($507k), Timeslips Creative Storytelling Inc ($507k) and Only7seconds ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). Other salaries and wages came to $29k. At year end it held assets of $477k against liabilities of $209k, net assets of $268k. It reported 6 employees.