New Life Clinic

Analysis

New Life Clinic is a registered charity in United States, based in Wilmington, OH. It received its IRS tax-exemption ruling in October 1986, 40 years ago. 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 Life Clinic reported income of $220k and spending of $196k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $220k (+153%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Life Clinic sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Ace Mentor Program of America Inc ($220k), Illinois Congress of Parents Teachers ($220k) and Little League Baseball Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). Other salaries and wages came to $79k. At year end it held assets of $726k against liabilities of $610, net assets of $725k. It reported 11 employees.