New Creation Ministries

Analysis

New Creation Ministries is a registered charity in United States, based in Beaver Creek, MN. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, New Creation Ministries reported income of $102k and spending of $98k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $102k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Creation Ministries sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Christianaires Ministries Inc ($102k), Awakening Vajra ($102k) and The Liberty Center Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $138k against liabilities of $2,495, net assets of $136k.