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Housing for New Hope Inc

EIN 58-2089068 · Durham, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak42 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

PREVENTING AND ENDING HOMELESSNESS, ONE VALUABLE PERSON AT A TIME.

Income
$3.8 million
Spending
$3.8 million
Spent on programs
87%
Reserves
-18.1 months of spending
Largest source of income
government grants, 57%
Employees
33
Volunteers
300
Highest pay
$123,240, executive director

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 42 out of 100. Higher than 21% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 63% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    10 of 15

    Income fell 1% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 4 cents.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $1.6 million spent. COMMUNITY BASED SUPPORTIVE HOUSING HNH'S COMMUNITY-BASED SUPPORTIVE HOUSING PROGRAMS SERVE INDIVIDUALS AND FAMILIES WHO FACE BARRIERS TO HOUSING STABILITY THROUGH A RANGE OF SHORT-TERM AND LONG-TERM HOUSING OPTIONS INTEGRATED THROUGHOUT THE COMMUNITY. IN PARTNERSHIP WITH MORE THAN 50 PRIVATE LANDLORDS ACROSS DURHAM AND THE SURROUNDING AREA, HOUSING FOR NEW HOPE HELPS PARTICIPANTS SECURE SAFE, AFFORDABLE HOUSING. HOUSING NAVIGATORS SUPPORT PARTICIPANTS IN LOCATING AND OBTAINING HOUSING, WHILE HOUSING STABILITY COORDINATORS CONNECT RESIDENTS TO SERVICES AND RESOURCES THAT PROMOTE LONG-TERM HOUSING STABILITY AND WELL-BEING.
  2. $579,110 spent. CAMPUS BASED SUPPORTIVE HOUSINGHNH'S CAMPUS-BASED SUPPORTIVE HOUSING PROGRAMS SERVE INDIVIDUALS WHO FACE COMPLEX BARRIERS TO LONG-TERM HOUSING STABILITY AND BENEFIT FROM LIVING IN A COMMUNITY WITH INTEGRATED, ON-SITE SERVICES. ANDOVER APARTMENTS IN DOWNTOWN DURHAM AND WILLIAMS SQUARE APARTMENTS ON THE WILLIAMS SQUARECARVER CREEK CAMPUS PROVIDE PERMANENT SUPPORTIVE HOUSING FOR INDIVIDUALS EXITING LONG-TERM HOMELESSNESS AND LIVING WITH DISABLING CONDITIONS. RESIDENTS LIVE IN EFFICIENCY APARTMENTS AND HAVE ACCESS TO ON-SITE SERVICES THAT SUPPORT HOUSING STABILITY, HEALTH, AND WELL-BEING. HOUSING STABILITY COORDINATORS WORK CLOSELY WITH RESIDENTS TO CONNECT THEM TO HEALTHCARE, INCOME SUPPORTS, BEHAVIORAL HEALTH SERVICES, AND OTHER RESOURCES THAT HELP THEM MAINTAIN STABLE HOUSING AND IMPROVE QUALITY OF LIFE.
  3. $725,770 spent. AFFORDALE HOUSINGHNH'S AFFORDABLE HOUSING COMMUNITIES SERVE INDIVIDUALS AND FAMILIES EARNING LESS THAN 50% OF THE AREA MEDIAN INCOME AND PROVIDE STABLE, AFFORDABLE HOUSING THAT PROMOTES LONG-TERM HOUSING SECURITY AND WELL-BEING. THROUGH PROPERTIES INCLUDING COLE MILL PLACE, WHICH OFFERS TWO- AND THREE-BEDROOM APARTMENTS, AND CARVER CREEK APARTMENTS, RESIDENTS HAVE ACCESS TO QUALITY HOUSING WITHIN SUPPORTIVE COMMUNITIES. CARVER CREEK APARTMENTS CURRENTLY OPERATES AS AFFORDABLE HOUSING AND IS EXPECTED TO TRANSITION TO SUPPORTIVE HOUSING IN THE COMING YEARS, EXPANDING ACCESS TO SERVICES AND RESOURCES THAT HELP RESIDENTS MAINTAIN HOUSING STABILITY AND IMPROVE QUALITY OF LIFE.
  4. $340,035 spent. STREET OUTREACHHOUSING FOR NEW HOPE'S STREET OUTREACH TEAM LED DURHAM'S EFFORTS TO CONNECT WITH THE UNSHELTERED POPULATION IN RESPONSE TO REFERRALS FROM BUSINESSES, GOVERNMENT PARTNERS, COMMUNITY MEMBERS, AND OTHER HOUSING ASSISTANCE AGENCIES FOR MORE THAN 20 YEARS. IN 2025, THE AGENCY TRANSITIONED OUT OF ACTIVE IMPLEMENTATION OF STREET OUTREACH PROGRAMMING AND IS SUPPORTING THE CITY IN ITS EFFORTS TO STAND UP A NEW TEAM WHILE ALSO SERVING AS FISCAL AGENT AND STRATEGIC ADVISOR TO THE CENTRAL PINES REGIONAL COUNCIL-LED STREET MEDICINE PILOT PROJECT.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending August 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 1994.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.