New Life Movement

Analysis

New Life Movement is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Movement reported income of $300k and spending of $284k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $244k to $300k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Movement sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Nonnie Hood Parent Resource Center Inc ($300k), Cove Creek Ministries ($300k) and Brain Builders Early Childhood and Family Development Inc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $106k (37% of expenses). At year end it held assets of $42k against liabilities of $0, net assets of $42k.