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Filing year 2024

New Hope Ministries Inc

Bel Air, Maryland·EIN 36-4805365·NTEE X20 · Religion-Related·3
Total revenue
$197k
Total assets
$698k
Total expenses
$158k
Reported officers
11
Mission

Our purpose is to provide a place for individuals to edify Christ while also encouraging, empowering, educating and leading people to a relationship with Jesus Christ.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations in Maryland.

President, Dir
10th to 25th percentile
$30k
$32k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at New Hope Ministries Inc equaled 19% of the organization's total expenses. The median for religion-related organizations is 17%.

This organization (2024)
19%
Sector median
17%
Middle half of sector
8% to 34%

Based on 10,667 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 27%
from 2023

From $24k in 2023 to $30k in 2024.

$24k
2023
$30k
2024
In today's dollarsEst.
Up 23% in real terms$26k to $32k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 27% from 2023 to 2024, while revenue fell 14%.

$24k in 2023 to $30k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about New Hope Ministries Inc

What does the Chief Executive Officer of New Hope Ministries Inc earn?

In 2024, the Chief Executive Officer of New Hope Ministries Inc received $30,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Religion-Related organizations in Maryland, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at New Hope Ministries Inc compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Maryland, the 2024 pay of the Chief Executive Officer at New Hope Ministries Inc falls between the 10th and 25th percentiles. In 2024, the highest total compensation at New Hope Ministries Inc equaled 19% of the organization's total expenses. The median for religion-related organizations is 17%.

What are New Hope Ministries Inc's revenue and expenses?

In 2024, New Hope Ministries Inc reported $197k in total revenue and $158k in total expenses on its IRS Form 990.

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