New Light Consultants Inc

Analysis

New Light Consultants Inc is a registered charity in United States, based in Millington, MI. It received its IRS tax-exemption ruling in October 2001, 25 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 September 2024, New Light Consultants Inc reported income of $97k and spending of $54k, leaving 45% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income fell from $149k to $97k (-35%), an average of -8.1% a year. The sharpest change came in the year to September 2024, when income rose by 120%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Light Consultants Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Foundation for a Beautiful Life ($97k), Randolph County Helping Hands Inc ($97k) and Friends Helping Friends Club Inc ($97k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $34k. At year end it held assets of $107k against liabilities of $6,412, net assets of $101k. It reported 3 employees.