New Life Foundation World Reach

Analysis

New Life Foundation World Reach is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. 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 Life Foundation World Reach reported income of $185k and spending of $133k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $538k to $185k (-66%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Life Foundation World Reach sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Womens Symphony League Inc ($185k), Amature Athletic Union of the United States Inc ($185k) and Elan Youth Arts ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.