New Earth Organization

Analysis

New Earth Organization is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Earth Organization reported income of $2.7m and spending of $3.3m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.7m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Earth Organization sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Partners for Christian Media Inc ($2.7m), Actors Theatre of Louisville Inc ($2.7m) and Daughters of the Republic of TX Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $358k (11% of expenses). Other salaries and wages came to $992k. It paid $54k in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $4.4m, net assets of -$890k. It reported 33 employees.