New Life Shelter Inc

Analysis

New Life Shelter Inc is a registered charity in United States, based in Nevada, MO. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, 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 December 2021, New Life Shelter Inc reported income of $64k and spending of $61k, spending 95% of its income. Across the 2 years on record, from December 2020 to December 2021, income grew from $59k to $64k (+8.1%), an average of +8.1% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Shelter Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within MO. Charities of a similar size with the same main cause include Thayne Community Food Bank ($64k), Karma Junction Inc ($64k) and Homeless Empowerment Project Inc ($64k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 5.1% of the total. At year end it held assets of $139k against liabilities of $43k, net assets of $96k.