New Life Manor Inc

Analysis

New Life Manor Inc is a registered charity in United States, based in Blue Earth, MN. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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 Life Manor Inc reported income of $230k and spending of $222k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $208k to $230k (+10%), an average of +2.4% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Life Manor Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($230k), Little League Baseball Inc ($230k) and Arundel Soccer Association Incorporated ($230k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.9% and program service revenue 91% of the total. Other salaries and wages came to $25k. At year end it held assets of $374k against liabilities of $744k, net assets of -$370k.