Charity Search / NEW HOPE COMMUNITY INC
Human Services (P700) 990 on File

NEW HOPE COMMUNITY INC

EIN: 22-2871755 · LOCH SHELDRKE, NY 12759-0289 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 87/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$71.7M
Total Revenue
$66.1M
Total Expenses
$54.6M
Net Assets
1905
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 92.5%
Fundraising Efficiency N/A
Operating Reserve 9.91x
Liability-to-Asset 23.4%
Revenue Diversification 95.5%
Executive Compensation $1.3M
Compared with Peers
FY 2024
Compared with 2,032 similar organizations (United States, Human Services, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
92.5% 87.5%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
7.6% 11.1%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.2%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
9.9 mo 6.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
23.4% 32.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
95.5% 92.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
14.7% 7.6%
P10P90
Expense growth
Year over year expense growth
8.9% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
7.8% 1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $71.7M $66.1M $54.6M 92.5% 1905
2023 $62.5M $60.8M $48.1M 91.9% 1689
2022 $64.3M $61.0M $44.7M 92.3% 1244
2021 $50.7M $46.9M N/A — 1283
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Organization Details
EIN
22-2871755
State
NY
City
LOCH SHELDRKE
ZIP
12759-0289
Classification
P700
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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