New Life Christian School

Analysis

New Life Christian School is a registered charity in United States, based in Olean, NY. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Life Christian School reported income of $118k and spending of $187k, spending 158% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $303k to $118k (-61%), an average of -21% a year. The sharpest change came in the year to June 2020, when income dropped by 40%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Life Christian School 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 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Right to Life Committee of New Mexico Educational Trust Fund ($118k), Coplay Library ($118k) and Saint Louis Sudbury School ($118k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $542k against liabilities of $3,691, net assets of $538k.