Newborn Foundation

Analysis

Newborn Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Newborn Foundation reported income of $108k and spending of $204k, spending 188% of what it took in. Across the 4 years on record, from December 2018 to December 2022, income fell from $249k to $108k (-56%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 74%. Over the whole period it spent 144% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Newborn Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include The Virginia Hospital Center Arlington Auxiliary Inc ($108k), Salt Block Ministries ($108k) and Maine Coast Medical Realty Inc ($108k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $180k against liabilities of $373k, net assets of -$193k.