New Life Alternatives Incorporated

Analysis

New Life Alternatives Incorporated is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, New Life Alternatives Incorporated reported income of $231k and spending of $202k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $541k to $231k (-57%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 100%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Life Alternatives Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Wikitongues Inc ($231k), PCS Capital & Endowment Fund Inc ($231k) and It Bhu Global Alumni Association Inc ($231k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $139k. At year end it held assets of $308k against liabilities of $265k, net assets of $43k. It reported 10 employees.