New Day Ranch Inc

Analysis

New Day Ranch Inc is a registered charity in United States, based in Verona, KY. 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 Day Ranch Inc reported income of $332k and spending of $336k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $366k to $332k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Day Ranch Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within KY. Charities of a similar size with the same main cause include Blue Lives Matter- NYC Inc ($332k), White Rose Senior Center Inc ($332k) and Winnemucca Domestic Violence Services Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $52k (15% of expenses). Other salaries and wages came to $42k. At year end it held assets of $296k against liabilities of $25k, net assets of $270k. It reported 3 employees.