New Life Foundation International Inc

Analysis

New Life Foundation International Inc is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Life Foundation International Inc reported income of $328k and spending of $337k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $328k (+173%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 204%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Life Foundation International Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include St Georges Child Care Center ($328k), Childrens Rocky Mountain School Inc ($328k) and Stonewall Alliance of Chico ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,517 against liabilities of $816k, net assets of -$813k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.