Operation New Life Inc

Analysis

Operation New Life Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in April 2009, 17 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, Operation New Life Inc reported income of $88k and spending of $84k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $88k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Operation New Life Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within AR. Charities of a similar size with the same main cause include Joshua International Ministries ($88k), Missionaries of Our Mother of the Eucharist ($88k) and Blessed Chinese Christian Church of New Jersey ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $59k against liabilities of $21k, net assets of $38k.