New Arrivals Institute Inc

Analysis

New Arrivals Institute Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 2011, 15 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 Arrivals Institute Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $1.3m (+251%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Arrivals Institute Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Ralston Community Schools Foundation ($1.3m), North Georgia Angel House Inc ($1.3m) and Primm Abc Child Care ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $375k (29% of expenses). At year end it held assets of $187k against liabilities of $0, net assets of $187k. It reported 30 employees.