New Hope Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,126,017 | 2,240,209 | −114,192 | 10.9 | 25% |
| 2012 | 2,726,946 | 2,417,045 | 309,901 | 11.7 | 22% |
| 2013 | 4,419,992 | 3,814,493 | 605,499 | 9.3 | 17% |
| 2014 | 5,647,511 | 5,015,209 | 632,302 | 8.7 | 14% |
| 2015 | 7,134,526 | 6,529,301 | 605,225 | 7.8 | 12% |
| 2016 | 8,623,572 | 7,259,898 | 1,363,674 | 9.2 | 12% |
| 2017 | 7,958,406 | 7,322,156 | 636,250 | 10.1 | 13% |
| 2018 | 8,276,176 | 8,121,971 | 154,205 | 9.4 | 11% |
| 2019 | 9,758,460 | 9,409,822 | 348,638 | 8.6 | 11% |
| 2020 | 8,895,116 | 8,206,273 | 688,843 | 11.0 | 15% |
| 2021 | 11,632,304 | 9,531,157 | 2,101,147 | 12.3 | 14% |
| 2022 | 11,526,933 | 10,389,105 | 1,137,828 | 12.1 | 15% |
| 2023 | 12,311,520 | 11,924,251 | 387,269 | 11.2 | 15% |
In its most recent public year (2023), this organization brought in $387,269 more than it spent. Its reserves stood at about 11.2 months of spending. Staff pay was 15% of spending. $1,294,403 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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