New Life Presbyterian Church of Arizona

Analysis

New Life Presbyterian Church of Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, New Life Presbyterian Church of Arizona reported income of $888k and spending of $836k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.3m to $888k (-29%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Life Presbyterian Church of Arizona sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Oh0lei Tzadikim- Geder Avos Jewish Heritage Group Inc ($887k), Spirit Move Ministry ($888k) and Jesus Institute ($887k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $208k (25% of expenses). At year end it held assets of $4.8m against liabilities of $689k, net assets of $4.1m. It reported 4 employees.