New Journey Community Outreach Inc

Analysis

New Journey Community Outreach Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, New Journey Community Outreach Inc reported income of $2.5m and spending of $2.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.5m (+149%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Journey Community Outreach 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 86th percentile within PA. Charities of a similar size with the same main cause include East Harlem Block Nursery Inc ($2.5m), Wayne County Agricultural Society Inc ($2.5m) and Guy Care Services ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (1.6% of expenses). Other salaries and wages came to $82k. At year end it held assets of $494k against liabilities of $139k, net assets of $355k. It reported 8 employees.