New Narratives Inc

Analysis

New Narratives Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, New Narratives Inc reported income of $460k and spending of $452k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $292k to $460k (+58%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 159%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, New Narratives Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Sundouloi Ministries Inc ($460k), Ono Friends Inc ($460k) and Kulanu Inc ($459k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $83k (18% of expenses). At year end it held assets of $133k against liabilities of $101k, net assets of $32k.