New Covenant World Outreach
Analysis
New Covenant World Outreach is a registered charity in United States, based in Brodheadsvlle, PA. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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 Covenant World Outreach reported income of $68k and spending of $40k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $69k to $68k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 84% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Covenant World Outreach sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Abraham Lincoln High School of San Francisco Alumni Association ($68k), Jefferson County Community Center ($68k) and United Cybersecurity Alliance Inc ($68k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Other salaries and wages came to $11k. At year end it held assets of $114k against liabilities of $278, net assets of $113k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 0.0%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Abraham Lincoln High School of San Francisco Alumni Association | San Francisco | $68k |
| Jefferson County Community Center | Lakewood | $68k |
| United Cybersecurity Alliance Inc | Roseville | $68k |
| Boothbay Region Art Foundation Inc | Boothbay Harbor | $68k |