New Life Community Center
Analysis
New Life Community Center is a registered charity in United States, based in Chisago City, MN. It received its IRS tax-exemption ruling in January 2005, 21 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 Life Community Center reported income of $133k and spending of $124k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $133k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 72% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Community Center sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Hall Memorial Housing Corporation ($133k), Mikes 5k to Crush Substance Abuse ($134k) and Next Step Charitable Trust ($133k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hall Memorial Housing Corporation | Clymer | $133k |
| Mikes 5k to Crush Substance Abuse | Milton | $134k |
| Next Step Charitable Trust | Harwood | $133k |
| 180 Degree Farm Inc | Sharpsburg | $134k |