# New Foundation of Hope

Youth centers and clubs nonprofit in Chicago, Illinois 60652. EIN 26-0056052. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/260056052-new-foundation-of-hope

## Mission (the organization's own words)

> The Program Activities of the New Foundation Of Hope are follows but not limited to After School Summer Camp, Mentorship Program, Food Distribution Holiday Event for Children, Dance Choreography Classes.

Source: Form 990, year ending Dec 2023: https://projects.propublica.org/nonprofits/organizations/260056052/202400759349302320/full

## IRS facts

- Type: Youth centers and clubs (IRS activity code O20)
- Tax status: 501(c)(3), contributions deductible, recognized 2003
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2023 | $749,289 | $750,988 | $18,754 | $18,754 | 3 | - | [Form 990](https://projects.propublica.org/nonprofits/organizations/260056052/202400759349302320/full) |
| Dec 2022 | $790,926 | $778,764 | $20,453 | $20,453 | 2 | - | [Form 990](https://projects.propublica.org/nonprofits/organizations/260056052/202300419349302000/full) |
| Dec 2021 | $433,052 | $424,761 | $8,291 | $8,291 | 4 | - | [Form 990](https://projects.propublica.org/nonprofits/organizations/260056052/202232279349303473/full) |

Expense split, year ending Dec 2023: programs $653,480 (87%), management $0 (0%), fundraising $97,508 (13%).

Revenue sources, year ending Dec 2023: gifts and grants $230,289, program fees $519,000, investment income $0.

Growth label: **Growing** (about +32% a year, Dec 2021 to Dec 2023). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue rank: 50 of 543 youth development nonprofits in Chicago.
- Revenue $749,289 is higher than roughly 80 to 90% of 505 youth development nonprofits in Illinois; median $157,728.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- Cook County, Illinois: about 1,053,196 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 2,288 youth and community nonprofits in this directory in the county: 2.2 per 1,000 children.
- Licensed programs in Chicago: 780 licensed child care centers: https://backpr.com/find/illinois/chicago
- Illinois rules: https://backpr.com/resources/states/illinois

## Questions

**What is New Foundation of Hope's EIN?**

New Foundation of Hope's EIN (Employer Identification Number) is 26-0056052. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is New Foundation of Hope a nonprofit?**

Yes. The IRS lists New Foundation of Hope in Chicago, Illinois as tax-exempt under section 501(c)(3), recognized since 2003. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to New Foundation of Hope tax-deductible?**

Yes, the IRS lists gifts to New Foundation of Hope as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does New Foundation of Hope do?**

In its own words on its Form 990 for the year ending Dec 2023: "The Program Activities of the New Foundation Of Hope are follows but not limited to After School Summer Camp, Mentorship Program, Food Distribution Holiday Event for Children, Dance Choreography Classes." The IRS classifies it as: Youth centers and clubs.

**How much money does New Foundation of Hope take in?**

For the year ending Dec 2023, New Foundation of Hope reported total revenue of $749,289 and total expenses of $750,988 on its Form 990 (IRS Form 990 e-file data).

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Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.