New2you a Green Store

Analysis

New2you a Green Store is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New2you a Green Store reported income of $367k and spending of $375k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $367k (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New2you a Green Store sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include New Life Center for Children and Mothers Inc ($366k), Gizmo-Cda Inc ($367k) and Femergy ($366k).

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 $40k (11% of expenses). Other salaries and wages came to $142k. At year end it held assets of $118k against liabilities of $6,877, net assets of $111k. It reported 13 employees.