New Creation Outreach Inc

Analysis

New Creation Outreach Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Creation Outreach Inc reported income of $142k and spending of $119k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $142k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Creation Outreach Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Nechamacomfort ($142k), Valley Crossroads Inc ($142k) and Averys Light ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.