New Reformation Publications

Analysis

New Reformation Publications is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Reformation Publications reported income of $7.6m and spending of $7.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $7.6m (+106%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Reformation Publications sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Loudoun Hunger Relief ($7.6m), Chesterfield Food Bank ($7.6m) and Heart Consciousness Church Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $292k (3.9% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $523k against liabilities of $634k, net assets of -$110k. It reported 34 employees.