New Hope Community Ministries A Nj Nonprofit Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 128,932 | 129,541 | −609 | 7.0 | — |
| 2009 | 165,375 | 173,852 | −8,477 | 4.6 | — |
| 2011 | 180,748 | 172,188 | 8,560 | 7.4 | — |
| 2012 | 162,125 | 152,387 | 9,738 | 9.1 | — |
| 2013 | 194,183 | 161,826 | 32,357 | 11.0 | 56% |
| 2014 | 274,978 | 231,577 | 43,401 | 9.9 | 48% |
| 2015 | 353,412 | 297,633 | 55,779 | 10.0 | 48% |
| 2016 | 484,018 | 391,703 | 92,315 | 10.5 | 51% |
| 2017 | 426,306 | 443,637 | −17,331 | 8.8 | 48% |
| 2018 | 443,705 | 458,530 | −14,825 | 8.2 | 55% |
| 2019 | 622,795 | 469,586 | 153,209 | 11.9 | 50% |
| 2020 | 726,831 | 524,381 | 202,450 | 15.3 | 51% |
| 2021 | 782,886 | 672,193 | 110,693 | 13.9 | 52% |
| 2022 | 920,597 | 833,056 | 87,541 | 12.5 | 52% |
| 2023 | 1,073,853 | 1,133,402 | −59,549 | 10.5 | 44% |
In its most recent public year (2023), this organization spent $59,549 more than it brought in. Its reserves stood at about 10.5 months of spending, up from 7 in 2008. Staff pay was 44% of spending. $145,801 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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