New Directions Foundation Inc

Analysis

New Directions Foundation Inc is a registered charity in United States, based in Randolph, NY. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Directions Foundation Inc reported income of $193k and spending of $659k, spending 342% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $193k (-83%), an average of -44% a year. The sharpest change came in the year to June 2021, when income rose by 95%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Directions Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Sharing & Caring Inc ($193k), Family & Kids Foundation ($193k) and Sunshine Day Care ($193k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $92k. At year end it held assets of $13.6m against liabilities of $9,791, net assets of $13.5m.