New Day Network Ministry Inc

Analysis

New Day Network Ministry Inc is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in August 2010, 16 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, New Day Network Ministry Inc reported income of $83k and spending of $89k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $83k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Day Network Ministry Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AR. Charities of a similar size with the same main cause include Mavuno Ministries Inc ($83k), Forrest & Lena Johnson Memorial Foundation ($83k) and Taos Swim Club Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,265 against liabilities of $0, net assets of $8,265.