New Hope Of Mcdowell
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 311,459 | 315,674 | −4,215 | 3.4 | 62% |
| 2012 | 312,168 | 309,658 | 2,510 | 3.6 | 62% |
| 2013 | 304,293 | 304,092 | 201 | 3.7 | 60% |
| 2014 | 327,734 | 304,928 | 22,806 | 4.6 | 59% |
| 2015 | 320,253 | 319,735 | 518 | 4.4 | 59% |
| 2016 | 289,356 | 296,905 | −7,549 | 4.4 | 59% |
| 2017 | 281,676 | 279,114 | 2,562 | 4.8 | 59% |
| 2018 | 285,135 | 275,826 | 9,309 | 5.3 | 65% |
| 2019 | 305,382 | 289,605 | 15,777 | 5.7 | 65% |
| 2020 | 317,634 | 334,472 | −16,838 | 4.3 | 62% |
| 2021 | 683,668 | 460,089 | 223,579 | 9.0 | 61% |
| 2022 | 566,888 | 413,234 | 153,654 | 14.4 | 56% |
| 2023 | 642,126 | 464,334 | 177,792 | 20.9 | 61% |
In its most recent public year (2023), this organization brought in $177,792 more than it spent. Its reserves stood at about 20.9 months of spending, up from 3.4 in 2011. Staff pay was 61% 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 Of Mcdowell'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