Housing For New Hope Inc
Durham, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,025,908↓20% | $3,028,127↓21% | $12,190,188↑96% | — |
| 2022 | $3,790,070↑2% | $3,846,211↑17% | $6,208,701↓3% | — |
| 2021 | $3,701,593↑45% | $3,282,935↑43% | $6,369,080↑11% | — |
| 2020 | $2,555,024↑3% | $2,295,602↓2% | $5,721,056↑11% | — |
| 2019 | $2,484,884↓6% | $2,336,063↓2% | $5,173,415↑3% | — |
| 2018 | $2,636,410↑7% | $2,377,048↑4% | $5,039,364↑4% | — |
| 2017 | $2,459,249↑8% | $2,293,464↑1% | $4,834,060↑1% | — |
| 2016 | $2,276,524↑9% | $2,274,621↑1% | $4,803,882↓1% | — |
| 2015 | $2,091,340↓12% | $2,259,655↓4% | $4,842,113↓4% | — |
| 2014 | $2,375,841↑13% | $2,348,683↑7% | $5,022,475 | — |
| 2013 | $2,102,331↓26% | $2,189,710↑2% | $5,034,761 | — |
| 2012 | $2,850,218↑17% | $2,139,125↓4% | $5,050,498↑17% | — |
| 2011 | $2,432,600 | $2,222,208 | $4,299,446 | — |
Frequently Asked Questions
What does Housing For New Hope Inc do?▼
Housing For New Hope Inc is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Housing For New Hope Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Housing For New Hope Inc has a score of 58/100 (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 Housing For New Hope Inc generate?▼
Housing For New Hope Inc reports $3.8M in annual revenue and holds $12.2M in total assets, based on IRS filings.
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