New Century Education Foundation Inc

Analysis

New Century Education Foundation Inc is a registered charity in United States, based in Canadensis, PA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Century Education Foundation Inc reported income of $72k and spending of $273k, spending 377% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $72k (-63%), an average of -63% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 154% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Century Education Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Youth Voices NFP ($72k), Arizona Stage and Exhibition Training Trust ($72k) and Kingdom Bound Christian School ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. At year end it held assets of $193k against liabilities of $376k, net assets of -$183k.