New Person Ministries Inc

Analysis

New Person Ministries Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in April 2012, 14 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 Person Ministries Inc reported income of $339k and spending of $291k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $339k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Person Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include C2c Ministries ($339k), Peak Lab Rescue Inc ($339k) and Heritage Baptist Coalition Inc ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $20k (6.8% of expenses). Other salaries and wages came to $150k. At year end it held assets of $440k against liabilities of $99k, net assets of $341k. It reported 6 employees.