Center for New Americans

Analysis

Center for New Americans is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Center for New Americans reported income of $1.4m and spending of $1.3m, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $788k to $1.4m (+80%), an average of +16% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for New Americans sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Sevier County Council on Aging ($1.4m), The Arts Guild of Old Forge Inc ($1.4m) and Silver Cross Foundation ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $65k (5.0% of expenses). Other salaries and wages came to $778k. At year end it held assets of $549k against liabilities of $192k, net assets of $357k. It reported 42 employees.