Elizabeths New Life Center Inc

Analysis

Elizabeths New Life Center Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in August 1993, 33 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, Elizabeths New Life Center Inc reported income of $4.9m and spending of $5.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $4.9m (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elizabeths New Life Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Full Circle of Choices ($4.9m), The Scenic Rivers Young Mens Christian Association ($4.9m) and Quality Care Resource & Referral Services Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $186k (3.6% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $6.5m against liabilities of $1.0m, net assets of $5.5m. It reported 118 employees.