New Again Inc

Analysis

New Again Inc is a registered charity in United States, based in Carver, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Again Inc reported income of $57k and spending of $47k, spending 83% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $60k to $57k (-5.3%), an average of -5.3% a year. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Again Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Lefrak City Youth and Adult Activit Eis Association Inc ($57k), Tigerton Main Street Inc ($57k) and Junior League of Des Moines Inc ($57k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 8.0% and program service revenue 66% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.