New Power Tour Inc

Analysis

New Power Tour Inc is a registered charity in United States, based in Hancock, MI. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, New Power Tour Inc reported income of $400k and spending of $277k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $198k to $400k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 68% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, New Power Tour Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Clarence Schock Memorial Park at Governor Dick Inc ($400k), Rangelands Restoration Trust ($400k) and Gorge Rebuild-It Community Project ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.