Skip to content

California · Nonprofit

PROJECT NEW HOPE

PROJECT NEW HOPE (California) receives grants from 4 organizations whose IRS filings report $126,785 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($100,000). 2 of them have funded it in more than one year.

Revenue FY2025
$5.4M
Funders on record
4
Grants received
$127k
Net assets
$1.9M
2/4 repeat funderspeak grant-dependency 2%
01What it does

What Project New Hope does

Mission

Project New Hope is a non-profit organization for the purpose of developing and providing permanent and transitional supportive housing to low-income, homeless and chronically homeless individuals and families with disabilities such as hiv/aids and seniors.

As stated on its FY2025 Form 990.

Programs

  1. Low income rental housing: the organization has developed and operates a 22-unit, and a 4-unit low-income rental housing project located in los angeles, california, both of which are dedicated to persons affected with hiv/aids and their families. The organization also manages and controls palos verdes street, lp which provides low-income rental housing in los angeles county and includes a 10-unit, low-income rental housing project known as san pedro new hope courtyard apartments located in los angeles, california. A regulatory agreement was entered into with the city and county of los angeles restricting the use of the properties as low-income housing.

    $830,438 spent$809,315 earned by the program
    19% of program spending
  2. Group homes: this program provides board and care services for persons with hiv/aids who are unable to live independently, as well as transitional housing for persons needing to develop their living skills before moving to independent housing. The program has the ability to offer hospice services for clients who become terminally ill. No one is turned away due to lack of funds or insurance.

    $2,433,854 spent
    55% of program spending
  3. Resident services: this program provides supportive services in permanent housing facilities that promote long-term residential stability, personal and life skills development, and opportunities for persons living with hiv/aids. It includes the financial awareness/money management program, and site-based employment preparation and development programs. No one is turned away due to lack of funds or insurance.

    $453,727 spent
    10% of program spending
  4. Affordable housing management - expenses include costs that primarily relate to management of properties.

    $679,778 spent$281,290 earned by the program
    15% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,397,797.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.1M) Expenses 100 ($3.6M) Net assets 100 ($823k)2018 Revenue 90 ($3.7M) Expenses 108 ($3.9M) Net assets 82 ($671k)2019 Revenue 97 ($4.0M) Expenses 114 ($4.1M) Net assets 48 ($394k)2020 Revenue 100 ($4.1M) Expenses 112 ($4.0M) Net assets 64 ($527k)2021 Revenue 96 ($4.0M) Expenses 111 ($4.0M) Net assets 61 ($500k)2022 Revenue 109 ($4.5M) Expenses 119 ($4.3M) Net assets 91 ($749k)2023 Revenue 105 ($4.3M) Expenses 126 ($4.5M) Net assets 71 ($587k)2024 Revenue 120 ($5.0M) Expenses 128 ($4.6M) Net assets 117 ($966k)2025 Revenue 131 ($5.4M) Expenses 126 ($4.5M) Net assets 228 ($1.9M)
'17'18'19'20'21'22'23'24'25
Revenue (131)Expenses (126)Net assets (228)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $10M to $11M (+9%).

$9.7M
$9.5M
$9.3M
$9.6M
$9.7M
$10.0M
$10M
$10M
$11M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 69% · 2018 82% · 2019 78% · 2020 78% · 2021 75% · 2022 79% · 2023 79% · 2024 78% · 2025 74%. Grants only. Government contracts and fees sit inside program revenue.

77% of PROJECT NEW HOPE’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$545k
’17
−$152k
’18
−$48k
’19
$132k
’20
−$27k
’21
$249k
’22
−$162k
’23
$379k
’24
$912k
’25
6.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Brigitte Tweddell

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed766654444
Joined·+0+0+0+0+0+0+0+0
No longer listed·10011000
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $2k → $10k.

Funder
'19
'20
'21
'22
'23
'25*
total
funders
1
2
1
1
3
1

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PROJECT NEW HOPE’s funders (the co-funder graph). Top 3 of 4 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PROJECT NEW HOPE leans on a few funders — its largest provides 79% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PROJECT NEW HOPE.

79%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

PROJECT NEW HOPE draws 79% of its grant income from funders outside California, across 2 states in all.

NY
CA

In-state vs out-of-state, by year

’19
’20
’23
California out of state home

Funder states come from each funder’s own filing. $285 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PROJECT NEW HOPE runs a healthier operating margin than three-quarters of the 4,665 health nonprofits its size.

Operating margin17% · top quartile
Months of reserve6.7mo · above the median
Revenue growth (annualized)3% · below the median

this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025

Organizations like PROJECT NEW HOPE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 8 related entities

  • Silver Lake New Hope Courtyard Apartments · exempt
  • Faith Housing New Hope Apartments · exempt
  • Santa Monica New Hope Courtyard Apartments · exempt
  • Homestead Hospice & Shelter · exempt
  • Palos Verdes Street LP · partnership

Screen this organization

A dated, signed PDF of the compliance screen for PROJECT NEW HOPE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PROJECT NEW HOPE?
PROJECT NEW HOPE (California) receives grants from 4 organizations whose IRS filings report $126,785 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($100,000). 2 of them have funded it in more than one year.
How many funders does PROJECT NEW HOPE have?
IRS filings report 4 organizations giving $126,785 in grants to PROJECT NEW HOPE, 2 of which have funded it in more than one year.
Who is the largest funder of PROJECT NEW HOPE?
LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like PROJECT NEW HOPE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Project New Hope →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing