New Growth Ministries

Analysis

New Growth Ministries is a registered charity in United States, based in Stayton, OR. It received its IRS tax-exemption ruling in May 2014, 12 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, New Growth Ministries reported income of $146k and spending of $92k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $146k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Growth Ministries sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OR. Charities of a similar size with the same main cause include American Jersey Cattle Club Research Foundation Fund ($146k), Littleton Community Center ($146k) and Simchat Shabbat ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.