DEMOGRAPHIC
ADDRESS
18 W COLONY PL STE 250
27705
COUNTY
durham county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
HOUSING FOR NEW HOPE INC is a based in DURHAM, NC, focused on Housing, Shelter causes , specifically Housing Development, Construction, Management. Established in February 1994, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $12,190,188.00, this ranks 51,352 among 2,656,690 nonprofits nationally (Top 2%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,162 out of 80,207 organizations in NC (Top 2%).
In durham county, NC, the organization ranks 92 out of 3,340 nonprofits by assets (Top 3%), while locally in durham, it stands at 82 among 3,186 organizations (Top 3%).
The organization reported annual revenue of $3,025,908.00, ranking 66,376 nationally (Top 3%) and 1,641 in NC (Top 3%).
Within its specific NTEE classification (L20 - L: Housing, Shelter), which includes 6,518 similar organizations, HOUSING FOR NEW HOPE INC ranks 314 in assets (Top 5%) and 264 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Other housing activities
Job training counseling or assistance
NTEE COMMON CODE
L: Housing, Shelter
NTEE CODE
L20: Housing Development, Construction, Management
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,025,908.00
FORM 990 REVENUE AMOUNT
$3,025,908.00
RULING DATE
02/1994
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$12,190,188.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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