New Hope Christian Schools Inc

Analysis

New Hope Christian Schools Inc is a registered charity in United States, based in Grants Pass, OR. It received its IRS tax-exemption ruling in January 1962, 64 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Hope Christian Schools Inc reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $953k to $1.9m (+97%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hope Christian Schools Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Brooke Industries Inc ($1.9m), Nami Southeast Wisconsin Inc ($1.9m) and Lift Urban Portland ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $51k (2.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $788k, net assets of $1000k. It reported 83 employees.