New Hope Inc
Attleboro, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,619,909↑8% | $4,236,356↑12% | $5,824,681↑12% | |
| 2022 | $4,269,776↓3% | $3,766,918↑1% | $5,218,499↑19% | — |
| 2021 | $4,413,816↓9% | $3,747,676↑3% | $4,379,027↑10% | — |
| 2020 | $4,860,773↑51% | $3,624,289↑12% | $3,965,095↑55% | — |
| 2019 | $3,229,584↑16% | $3,239,953↑20% | $2,565,314↑52% | — |
| 2018 | $2,782,072↑7% | $2,710,126↑5% | $1,684,905↑4% | — |
| 2017 | $2,603,580↑5% | $2,569,944↑7% | $1,618,063↑12% | — |
| 2015 | $2,476,952 | $2,403,197↑1% | $1,449,303↑6% | — |
| 2014 | $2,466,626↑6% | $2,377,337↑5% | $1,360,921↑5% | — |
| 2013 | $2,337,909↑6% | $2,267,152↑2% | $1,291,286↑6% | — |
| 2012 | $2,212,147 | $2,216,649 | $1,213,668 | — |
Frequently Asked Questions
What does New Hope Inc do?▼
New Hope Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P620 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Hope Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, New Hope Inc has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does New Hope Inc generate?▼
New Hope Inc reports $5.1M in annual revenue and holds $8.5M in total assets, based on IRS filings.
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