New Family Traditions

Analysis

New Family Traditions is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 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 Family Traditions reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $574k to $1.2m (+101%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Family Traditions sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Services for Older Citizens Inc ($1.2m), Opportunity Center of Owensboro Inc ($1.2m) and Children of Restaurant Employees ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Other salaries and wages came to $597k. At year end it held assets of $1.2m against liabilities of $1.0m, net assets of $144k. It reported 16 employees.