New Reflections Inc

Analysis

New Reflections Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, New Reflections Inc reported income of $780k and spending of $791k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $483k to $780k (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 100%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Reflections Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Renew Birmingham ($780k), Raffa Clinic ($780k) and Western Regional Advocacy Project ($780k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $143k (18% of expenses). Other salaries and wages came to $43k. At year end it held assets of $115k against liabilities of $205k, net assets of -$90k. It reported 3 employees.