New Life Rescue Mission

Analysis

New Life Rescue Mission is a registered charity in United States, based in Redford, MI. It received its IRS tax-exemption ruling in June 1965, 61 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Life Rescue Mission reported income of $54k and spending of $77k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $54k (+13%), an average of +13% a year. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Life Rescue Mission sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include PTA Hawaii Congress ($54k), Chaffey High School Alumni Association ($54k) and St Irenaeus Ministries Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.