New Hope Correctional Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 210,312 | 196,725 | 13,587 | 5.8 | 62% |
| 2012 | 229,641 | 202,885 | 26,756 | 7.2 | 62% |
| 2013 | 234,540 | 215,258 | 19,282 | 7.8 | 71% |
| 2014 | 246,242 | 220,123 | 26,119 | 9.1 | 60% |
| 2015 | 229,478 | 219,500 | 9,978 | 9.3 | 63% |
| 2016 | 288,000 | 245,353 | 42,647 | 10.6 | 55% |
| 2017 | 238,363 | 237,917 | 446 | 11.2 | 58% |
| 2018 | 249,287 | 234,564 | 14,723 | 11.9 | 59% |
| 2019 | 233,644 | 172,998 | 60,646 | 20.9 | 36% |
| 2020 | 234,399 | 177,029 | 57,370 | 24.4 | 38% |
| 2021 | 239,326 | 178,541 | 60,785 | 28.9 | 44% |
| 2022 | 266,659 | 242,455 | 24,204 | 21.8 | 52% |
| 2023 | 239,484 | 275,336 | −35,852 | 17.9 | 57% |
In its most recent public year (2023), this organization spent $35,852 more than it brought in. Its reserves stood at about 17.9 months of spending, up from 5.8 in 2011. Staff pay was 57% of spending.
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
New Hope Correctional Ministry's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works