New Blossoms New Life Foundation

Analysis

New Blossoms New Life Foundation is a registered charity in United States, based in Girard, PA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Blossoms New Life Foundation reported income of $50k and spending of $40k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $50k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Blossoms New Life Foundation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within PA. Charities of a similar size with the same main cause include Lakeview Area Meals on Wheels ($50k), American Disabilities Foundation Inc ($50k) and Thair for You ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $256k against liabilities of $39k, net assets of $217k.