New Evangelization Ministries Inc

Analysis

New Evangelization Ministries Inc is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, New Evangelization Ministries Inc reported income of $133k and spending of $143k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $133k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Evangelization Ministries Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Deeper Christianity Inc ($133k), New Life Tabernacle Inc ($133k) and Student Churches ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $195k against liabilities of $268, net assets of $194k.