New Roots Ministry

Analysis

New Roots Ministry is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in March 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 Roots Ministry reported income of $134k and spending of $133k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $134k (-2.3%), an average of -2.3% a year. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Roots Ministry sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within SD. Charities of a similar size with the same main cause include Evangelistic Ministries for Christ ($134k), Union Storage of Montclair Inc ($134k) and Sorae International Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.