Nueva Vida Inc

Analysis

Nueva Vida Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nueva Vida Inc reported income of $231k and spending of $431k, spending 187% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $270k to $231k (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 162% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nueva Vida Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Bridge to a Cure Foundation Inc ($231k), Sankara Healthcare Foundation Inc ($231k) and Nea Baptist Memorial Hospital Auxiliary ($231k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $3.0m against liabilities of $716k, net assets of $2.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.