New Name NFP

Analysis

New Name NFP is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in July 2015, 11 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 Name NFP reported income of $165k and spending of $154k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $165k (-9.5%), an average of -9.5% a year. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Name NFP sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Lao Conference of Churches ($165k), Alejandro Arias International Ministries Inc ($165k) and The Continuous Flame ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $51k against liabilities of $904, net assets of $50k.