The New Tenth Foundation Inc

Analysis

The New Tenth Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, The New Tenth Foundation Inc reported income of $58k and spending of $60k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $58k (-4.4%), an average of -4.4% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The New Tenth Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within GA. Charities of a similar size with the same main cause include Community Outreach & Resource Development Ministries ($58k), C G Jung Center for Studies in Analytical Psychology ($58k) and National Academy of Needlearts Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 57% of the total. At year end it held assets of $3,283 against liabilities of $0, net assets of $3,283.