New Purpose
Clarksville, Tennessee
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
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,478,888↑2% | $4,009,131↑8% | $2,674,398↑24% | — |
| 2022 | $4,382,992↑9% | $3,701,608↑11% | $2,157,792↑45% | — |
| 2021 | $4,012,977↑29% | $3,329,820↑7% | $1,489,883↑29% | — |
| 2020 | $3,099,374↑11% | $3,106,760↑3% | $1,151,857↑35% | — |
| 2019 | $2,789,283↓22% | $3,003,794↓16% | $850,265↓19% | — |
| 2018 | $3,569,131↓15% | $3,587,184↓14% | $1,048,665↓13% | — |
| 2017 | $4,219,961↑9% | $4,179,932↑14% | $1,200,445 | — |
| 2016 | $3,885,308↑19% | $3,681,570↑9% | $1,199,271↑12% | — |
| 2015 | $3,274,516↑33% | $3,379,386↑29% | $1,068,200↓6% | — |
| 2014 | $2,463,084↑3% | $2,629,039↑3% | $1,132,558↓15% | — |
| 2013 | $2,395,206↑4% | $2,540,742↑4% | $1,330,412↓12% | — |
| 2012 | $2,294,504↑8% | $2,439,015↑4% | $1,507,781↓9% | — |
| 2011 | $2,126,730 | $2,344,859 | $1,649,762 | — |
Frequently Asked Questions
What does New Purpose do?▼
New Purpose is a housing & shelter nonprofit organization based in Tennessee. It is classified under NTEE code L41 and is registered as a 501(c) tax-exempt organization with the IRS.
Is New Purpose financially healthy?▼
Based on our 9-metric Financial Health Score model, New Purpose has a score of 74/100 (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 Purpose generate?▼
New Purpose reports $3.0M in annual revenue and holds $2.3M in total assets, based on IRS filings.
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