New Life Directions Ministries Inc

Analysis

New Life Directions Ministries Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 2017, 9 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 December 2023, New Life Directions Ministries Inc reported income of $1.1m and spending of $439k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $1.1m (+508%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Directions Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include Forbes House ($1.1m), People in Need ($1.1m) and Oregon Falun Dafa Association ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Other salaries and wages came to $99k. At year end it held assets of $6.3m against liabilities of $5.3m, net assets of $1.0m. It reported 6 employees.