Today Is a New Day Recovery Home Inc

Analysis

Today Is a New Day Recovery Home Inc is a registered charity in United States, based in Coulterville, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Today Is a New Day Recovery Home Inc reported income of $104k and spending of $194k, spending 188% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $212k to $104k (-51%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Today Is a New Day Recovery Home Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Friends of the Stanford Daily Foundation ($104k), Iron Work Farm in Acton Inc ($104k) and Knoxville Academy of Medicine Auxiliary Philanthropic Fund ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $22k, net assets of $0. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.