Anew Living Inc

Analysis

Anew Living Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in April 2016, 10 years ago. 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, Anew Living Inc reported income of $187k and spending of $171k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $201k to $187k (-7.3%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anew Living Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Winnebago Historical Society ($187k), Mary T Klinker Veteran Center Inc ($187k) and Harrisburg Christian Performing Arts Center ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $41k. At year end it held assets of $700k against liabilities of $548k, net assets of $151k. It reported 2 employees.