New Hope Christian College

Analysis

New Hope Christian College is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in July 1947, 79 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 College reported income of $3.0m and spending of $3.6m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.6m to $3.0m (-19%), an average of -5.1% a year. 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 College sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OR. Charities of a similar size with the same main cause include American Emergent Curriculum Inc ($3.0m), Our Little Haven ($3.0m) and Fulcrum Arts ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $126k (3.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.9m against liabilities of $3.1m, net assets of $6.8m. It reported 54 employees.