New Life Missionary Church Igreja Missionaria Nova Vida

Analysis

New Life Missionary Church Igreja Missionaria Nova Vida is a registered charity in United States, based in Cliffside PK, NJ. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Life Missionary Church Igreja Missionaria Nova Vida reported income of $301k and spending of $218k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $301k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Life Missionary Church Igreja Missionaria Nova Vida sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Eagle Wings Ministries ($301k), Irshad Islamic Center ($301k) and Impact Nations ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $605k against liabilities of $171k, net assets of $434k.