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Filing year 2024

NEW HOPE FOUNDATION

Culver City, California·EIN 85-4286681·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.2M
Total assets
$1.9M
Total expenses
$208k
Reported officers
5
Mission

NEW HOPE FOUNDATION WAS FOUNDED TO ENGAGE IN CHARITABLE ACTIVITIES WITHIN THE SCOPE OF THE INTERNAL REVENUE CODE SECTION 501(C)(3), INCLUDING BUT NOT LIMITED TO, TO SUPPORT AND ASSIST, AND TO MAKE GRANTS AND GIFTS IN AID AND SUPPORT AND ASSISTANCE TO ORPHANAGES, FOR RELIEF OF THE POOR OR DISTRESSED OR HOMELESS OR OF THE UNDERPRIVILEGED, AND FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE; TO COLLECT AND RECEIVE CONTRIBUTIONS AND TO DISPOSE OF FUNDS EXCLUSIVELY FOR CHARITABLE PURPOSES OR OTHERWISE TO ASSIST CORPORATIONS, ORGANIZATIONS OR INSTITUTIONS CARRYING ON SUCH ACTIVITIES AS ARE CONSISTENT WITH THE PURPOSES OF APPLICANT.

Reported officers (all unpaid)

No paid executives reported in 2024. NEW HOPE FOUNDATION reported 5 unpaid officers and board members on its 990.

Board Chair/
President/di
Vp/secretary
Cfo/director
Director
Financial trend

Revenue and expenses over time

NEW HOPE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$17k
$253k
2023
$1.2M
$208k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in California

NEW HOPE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in California earns a median of $60,111.

25th percentile
$18k
Median
$60,111
75th percentile
$150k
90th percentile
$291k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,889 organizations across 1,889 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for California
FAQ

Common questions about NEW HOPE FOUNDATION

What are NEW HOPE FOUNDATION's revenue and expenses?

In 2024, NEW HOPE FOUNDATION reported $1.2M in total revenue and $208k in total expenses on its IRS Form 990.

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