New Life Global Ministry Inc

Analysis

New Life Global Ministry Inc is a registered charity in United States, based in Lake Geneva, WI. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Global Ministry Inc reported income of $53k and spending of $53k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $53k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Global Ministry Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within WI. Charities of a similar size with the same main cause include Autism Society Wake County Housing Corporation 1 ($53k), Care Advocates Inc ($53k) and Mental Retardation Community Services of Nassau County Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,606 against liabilities of $0, net assets of $5,606.