A New Thing Ministries

Analysis

A New Thing Ministries is a registered charity in United States, based in Dayton, TN. It received its IRS tax-exemption ruling in August 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, A New Thing Ministries reported income of $288k and spending of $224k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $288k (+27%), an average of +6.2% a year. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, A New Thing Ministries sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Kingsmen Baseball Inc ($288k), Vick and Pathfinder Camp and Conference Ministries Inc ($288k) and Camp His Way Incorporated ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $108k. At year end it held assets of $324k against liabilities of $1,921, net assets of $322k. It reported 2 employees.