New Day Services Inc

Analysis

New Day Services Inc is a registered charity in United States, based in Gardena, CA. It received its IRS tax-exemption ruling in February 2019, 7 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, New Day Services Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $1.3m (+276%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Day Services Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Elderly Opportunity Agency Inc ($1.3m), Park Slope Schoolhouse Inc ($1.3m) and St Vinnys Bistro ($1.3m).

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 $1.0m. At year end it held assets of -$1,775 against liabilities of $0, net assets of -$1,775. It reported 12 employees.