New Life Technology Group Inc

Analysis

New Life Technology Group Inc is a registered charity in United States, based in Dawsonville, GA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Life Technology Group Inc reported income of $119k and spending of $148k, spending 124% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $174k to $119k (-32%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Life Technology Group Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include Arlington Academy of Miami Inc ($119k), Chesapeake Athletic Boosters ($119k) and Most Excellent Prince Hall Grand Chapter Holy Royal Arch Masons ($119k).

At year end it held assets of $18k against liabilities of $0, net assets of $18k.