Charity Search / NEW HOPE OF MCDOWELL
Human Services (P43Z) IRS Verified DX Registered 990 on File

NEW HOPE OF MCDOWELL

EIN: 56-1379760 · MARION, NC 28752-1572 · United States · FY 2023 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 74/100
Reliability (20%) 55/100
Effectiveness (25%) 97/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

To provide services that support, empower and increase the safety of victims of domestic violence and sexual assault and their families, with a focus on community outreach and social change.

Financial Overview — FY 2023
$642K
Total Revenue
$464K
Total Expenses
$808K
Net Assets
27
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.1%
Fundraising Efficiency N/A
Operating Reserve 20.87x
Liability-to-Asset 0.4%
Revenue Diversification 96.4%
Executive Compensation $60K
Compared with Peers
FY 2023
Compared with 20,874 similar organizations (United States, Human Services, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.1% 86.4%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
1.9% 10.4%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
20.9 mo 8.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.4% 1.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
96.4% 96.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
13.3% 7.2%
P10P90
Expense growth
Year over year expense growth
12.4% 11.5%
P10P90
Surplus margin
Surplus as a share of revenue
27.7% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $642K $464K $808K 98.1% 27
2022 $567K $413K $497K 97.9% 27
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Organization Details
EIN
56-1379760
State
NC
City
MARION
ZIP
28752-1572
Classification
P43Z
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1983
Foundation Code
16
Form 990
On File
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