New America College

Analysis

New America College is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, New America College reported income of $1.6m and spending of $1.3m, leaving 22% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $1.6m (+14%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New America College sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Auxiliary Service Corp of the Agricultural & Tech Coll at FRMGDL ($1.6m), Para Los Ninos de Highline ($1.6m) and Kazoo School ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Other salaries and wages came to $818k. At year end it held assets of $964k against liabilities of $275k, net assets of $689k. It reported 34 employees.