New Dimensions
Analysis
New Dimensions is a registered charity in United States, based in Essexville, MI. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, New Dimensions reported income of $777k and spending of $753k, spending 97% of its income. Across the 4 years on record, from September 2019 to September 2023, income fell from $873k to $777k (-11%), an average of -3.8% a year. The sharpest change came in the year to September 2022, when income dropped by 22%. Over the whole period it spent 87% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Dimensions sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Labc Institute ($776k), Alamance Dream Center Inc ($777k) and Washington State Association of Future Farmers of America ($776k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $49k (6.5% of expenses). Other salaries and wages came to $379k. At year end it held assets of $1.3m against liabilities of $103k, net assets of $1.2m. It reported 46 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.2%
- Program services 90%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Labc Institute | Los Angeles | $776k |
| Alamance Dream Center Inc | Burlington | $777k |
| Washington State Association of Future Farmers of America | Spokane | $776k |
| Society of Women Engineers Endowment Fund Inc | Sanford | $777k |