Cradling New Life Inc

Analysis

Cradling New Life Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2024, Cradling New Life Inc reported income of $136k and spending of $133k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $79k to $136k (+72%), an average of +72% a year. The sharpest change came in the year to June 2024, when income rose by 72%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cradling New Life Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include Autumn Trails Stable ($136k), Strength for Life Inc ($136k) and Joseph Dreamhouse Development Corp ($136k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.