New Wine International

Analysis

New Wine International is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in May 2008, 18 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 Wine International reported income of $401k and spending of $423k, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $357k to $401k (+12%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Wine International sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Spiritual Formation Society of Arizona ($401k), Daughters of Israel Mikva of Miami Beach Inc ($401k) and Jesus Cristo El Buen Pastor ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.4% of the total. At year end it held assets of $304k against liabilities of $0, net assets of $304k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.