New Hope Christian College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 5,689,478 | 5,977,321 | −287,843 | 12.3 | 41% |
| 2016 | 3,767,357 | 3,912,391 | −145,034 | 18.4 | 34% |
| 2017 | 2,850,613 | 3,174,451 | −323,838 | 21.4 | 36% |
| 2018 | 3,879,533 | 2,759,589 | 1,119,944 | 34.9 | 31% |
| 2019 | 3,637,850 | 3,153,349 | 484,501 | 24.2 | 31% |
| 2020 | 3,157,293 | 3,329,588 | −172,295 | 23.2 | 31% |
| 2021 | 3,256,187 | 2,668,554 | 587,633 | 31.9 | 35% |
| 2022 | 3,124,133 | 2,688,303 | 435,830 | 32.8 | 33% |
| 2023 | 2,955,893 | 3,572,040 | −616,147 | 22.9 | 45% |
In its most recent public year (2023), this organization spent $616,147 more than it brought in. Its reserves stood at about 22.9 months of spending, up from 12.3 in 2015. Staff pay was 45% of spending. $1,133,972 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
New Hope Christian College'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