New College Child Center

Analysis

New College Child Center is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New College Child Center reported income of $225k and spending of $216k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $244k to $225k (-7.9%), an average of -7.9% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New College Child Center sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Norman Care Associations Vans ($225k), Capper Community Living I Inc ($225k) and Door of Hope ($225k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Other salaries and wages came to $174k. It paid $1,467 in professional fundraising fees. At year end it held assets of $18k against liabilities of $4,050, net assets of $14k. It reported 6 employees.