National Partnership for New Americans Inc

Analysis

National Partnership for New Americans Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, National Partnership for New Americans Inc reported income of $4.1m and spending of $4.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $4.1m (+95%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 163%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Partnership for New Americans Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Campus Kids Connection ($4.1m), Tca Building Corporation ($4.1m) and Ayudando Latinos a Sonar ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $325k (7.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $7.4m against liabilities of $167k, net assets of $7.2m. It reported 22 employees.