Anew

Analysis

Anew is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Anew reported income of $357k and spending of $303k, spending 85% of its income. Across the 2 years on record, from December 2020 to December 2021, income grew from $310k to $357k (+15%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Anew sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Fort Snelling Memorial Chapel Foundation ($357k), Love God Greatly Inc ($357k) and Harvest Intercontinental Church Houston ($356k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $140k. At year end it held assets of $207k against liabilities of $0, net assets of $207k. It reported 2 employees.