Charity Search / NEW HOPE SHELTER
Housing & Shelter (L41) 990 on File

NEW HOPE SHELTER

EIN: 32-0019736 · CADILLAC, MI 49601-2045 · United States · FY 2025 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 79/100
Reliability (20%) 55/100
Effectiveness (25%) 72/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$435K
Total Revenue
$397K
Total Expenses
$1.3M
Net Assets
22
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 71.2%
Fundraising Efficiency 100.0%
Operating Reserve 37.97x
Liability-to-Asset 0.8%
Revenue Diversification 59.3%
Compared with Peers
FY 2025
Compared with 2,936 similar organizations (United States, Housing & Shelter, $100K–$1M in expenses), FY 2025.
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
71.2% 87.3%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
19.8% 11.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
9.0% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
100.0% 24.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
38.0 mo 13.5 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.8% 21.9%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
59.3% 90.8%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
29.6% 4.8%
P10P90
Expense growth
Year over year expense growth
-0.3% 4.2%
P10P90
Surplus margin
Surplus as a share of revenue
8.6% -6.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $435K $397K $1.3M 71.2% 22
2024 $335K $398K $1.2M 69.0% 14
2023 $448K $393K $1.3M 72.7% 19
2022 $521K $298K N/A — 16
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Organization Details
EIN
32-0019736
State
MI
City
CADILLAC
ZIP
49601-2045
Classification
L41
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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