Michael Newton Institute for Life Between Lives Hypnotherapy Inc

Analysis

Michael Newton Institute for Life Between Lives Hypnotherapy Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Michael Newton Institute for Life Between Lives Hypnotherapy Inc reported income of $88k and spending of $105k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $125k to $88k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michael Newton Institute for Life Between Lives Hypnotherapy Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within NC. Charities of a similar size with the same main cause include Preston Mitchum Jr Foundation ($88k), 1103 Market Street Foundation ($88k) and Saint Martha Concerts and Cultural Affairs Inc ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $43k. At year end it held assets of $44k against liabilities of $8,002, net assets of $36k. It reported 1 employees.