New Horizons Child Care Ministry Inc
Analysis
New Horizons Child Care Ministry Inc is a registered charity in United States, based in East Chicago, IN. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 January 2024, New Horizons Child Care Ministry Inc reported income of $74k and spending of $69k, spending 94% of its income. Across the 2 years on record, from January 2023 to January 2024, income grew from $70k to $74k (+5.6%), an average of +5.6% a year. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Horizons Child Care Ministry Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Roaring Brook Foundation Inc ($74k), Kafunjo Community Project - US Inc ($74k) and Brothers Keeper Ministries ($74k).
On its Form 990-EZ for the period ending January 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $7,886 against liabilities of $8,900, net assets of -$1,014.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Roaring Brook Foundation Inc | Lexington | $74k |
| Kafunjo Community Project - US Inc | Tucson | $74k |
| Brothers Keeper Ministries | Poplarville | $74k |
| Giannas House-Pregnancy Resource Center Inc | Rock Falls | $74k |