New Life World Vision

Analysis

New Life World Vision is a registered charity in United States, based in Laguna Woods, CA. It received its IRS tax-exemption ruling in February 2004, 22 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 Life World Vision reported income of $93k and spending of $136k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $93k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 148% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Life World Vision sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Church Equippers Ministries Inc ($93k), Oil of Joy Ministries International Inc ($93k) and Tiferet Torah Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.