Public Charity

NEWTHREADS OF HOPE INC

NEWTHREADS OF HOPE INC is a private foundation categorized as Public Charity based in Wauwatosa, WI. Its most recent IRS filing (2025) reports revenue of $6.2M, expenses of $5.6M, total assets of $20.6M.

EIN: 391674150 Wauwatosa, WI Public Foundations NTEE: T30 Latest filing: 2025

Total Revenue$6.2M

Total Expenses$5.6M

Total Assets$20.6M

Grants Given183

Filing Years2021–2025

Mission

NewThreads of Hope, through its innovative gifts-in-kind program, offers support and a renewed sense of hope by providing brand new clothing, household items and educational materials to the poor, the ill, children and seniors, so that they may live more self-sufficient lives.

Officers & Directors

Director Armita Harmon

Director David Strelitz

President Dennis Brand

Vice President Erica P John

Director Kaye Garcia

Chairman, Treasurer & Secretary Patrick Byrne

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2025	$6.2M	$5.6M	$20.6M
2024	$3.1M	$5.3M	$20.1M
2023	$8.2M	$4.9M	$22.3M
2021	$7.9M	$2.7M	$20.0M

Between 2021 and 2025, reported annual revenue declined from $7.9M to $6.2M (-22%), with total assets most recently reported at $20.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MI, WI.

MIWI

Full geographic grant map with state-by-state breakdown available with membership.

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