New Life Center for Change

Analysis

New Life Center for Change is a registered charity in United States, based in Smiths Sta, AL. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, New Life Center for Change reported income of $359k and spending of $381k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $869k to $359k (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Life Center for Change sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within AL. Charities of a similar size with the same main cause include Salvation Army Colorado Springs II Residences Inc ($359k), Village of Hope Inc ($359k) and Glory House of Miami Inc ($359k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $112k. At year end it held assets of $395k against liabilities of $395k, net assets of $0. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.