New Politics Leadership Academy Inc

Analysis

New Politics Leadership Academy Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in November 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 Politics Leadership Academy Inc reported income of $2.6m and spending of $2.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.6m (+90%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Politics Leadership Academy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Him Food Bank Inc ($2.6m), Texas New Community Alliance ($2.6m) and Southwest Improvement Council Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $250k (9.7% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.7m against liabilities of $141, net assets of $1.7m. It reported 21 employees.