New Life Treatment Center

Analysis

New Life Treatment Center is a registered charity in United States, based in Woodstock, MN. It received its IRS tax-exemption ruling in October 1979, 47 years ago. 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 June 2023, New Life Treatment Center reported income of $2.8m and spending of $3.1m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $2.8m (+9.2%), an average of +3.0% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Life Treatment Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Concordville Fire and Protectiveassociation ($2.8m), Labor Mobility Partnerships Inc ($2.8m) and Campaign for Accountability Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 87% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $3.7m against liabilities of $533k, net assets of $3.2m. It reported 53 employees.