Newby-Ginnings of North Idaho Inc

Analysis

Newby-Ginnings of North Idaho Inc is a registered charity in United States, based in Hayden, ID. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Newby-Ginnings of North Idaho Inc reported income of $402k and spending of $233k, leaving 42% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $234k to $402k (+72%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newby-Ginnings of North Idaho Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within ID. Charities of a similar size with the same main cause include Spirit Life ($402k), Bureau County Senior Citizens Association Inc ($402k) and Alcoholics Anonymous Orange County Intergroup Asso ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $110k (47% of expenses). At year end it held assets of $776k against liabilities of $2,477, net assets of $773k. It reported 4 employees.