New Wineskins Ministries Inc

Analysis

New Wineskins Ministries Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Wineskins Ministries Inc reported income of $171k and spending of $140k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $171k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. 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 Wineskins Ministries Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within AR. Charities of a similar size with the same main cause include 633 Global ($171k), St Stephens Charitable Endowment ($171k) and Christian Learning Center of Social Circle Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.