A New Hope Center Inc is a 501(c)(3) organization based in Owego, New York, registered in 1988, with $1,760,758 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.8M
▲ 15.9% vs prior year
Human Services median: $293K
Expenses (FY2024)
$1.7M
Net assets
$1.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A New Hope Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A New Hope Center Inc: 8 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A New Hope Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A New Hope Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $884K (FY2013) to $1.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$223K
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,760,758▲15.9% | $1,684,930▲15.9% | $1,155,412▲7.0% | $1,378,105▼6.5% | 990 |
| 2023 | $1,518,876▲19.9% | $1,453,471▲22.1% | $1,079,584▲6.4% | $1,474,483▼0.7% | 990 |
| 2022 | $1,267,165▲7.2% | $1,190,781▲13.6% | $1,014,179▲8.1% | $1,485,088▲51.2% | 990 |
| 2021 | $1,182,534▲14.5% | $1,048,446▲3.1% | $937,795▲16.7% | $982,259▲10.7% | 990 |
| 2020 | $1,033,230▼15.7% | $1,016,908▼8.3% | $803,707▲2.1% | $887,503▼7.6% | 990 |
| 2019 | $1,226,000▲10.0% | $1,109,038▼4.2% | $787,385▲17.4% | $960,702▲15.0% | 990 |
| 2018 | $1,114,464▲8.5% | $1,158,019▲14.6% | $670,423▼6.1% | $835,036▼6.5% | 990 |
| 2017 | $1,026,751▲3.1% | $1,010,733▼0.1% | $713,978▲4.9% | $893,560▲22.6% | 990 |
| 2016 | $996,031▲2.0% | $1,011,370▲7.8% | $680,602▼2.2% | $728,954▼14.1% | 990 |
| 2015 | $976,851▲13.2% | $938,476▲9.2% | $695,941▲5.8% | $848,779▲24.7% | 990 |
| 2014 | $862,571▼2.4% | $859,258▼4.8% | $657,566▲0.5% | $680,702▼7.9% | 990 |
| 2013 | $883,644 | $902,507▲8.6% | $654,253▼2.8% | $739,228▼3.0% | 990 |
| 2012 | — | $830,706▲3.6% | $673,116▼12.3% | $761,715▼3.1% | 990 |
| 2011 | — | $801,919▲2.3% | $767,409▲8.6% | $785,878▲8.6% | 990 |
| 2010 | — | $784,144 | $706,620 | $723,916 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A New Hope Center Inc (EIN 16-1311012) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.