New Culture Institute

Analysis

New Culture Institute is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, New Culture Institute reported income of $101k and spending of $86k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $101k (+2.6%), an average of +2.6% a year. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Culture Institute sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Smiles for Seniors Foundation ($101k), Cross & Anvil Human Services Inc ($101k) and Indiana Brethren Charity Fund Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.