Newton Ministerial Alliance Inc

Analysis

Newton Ministerial Alliance Inc is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Newton Ministerial Alliance Inc reported income of $173k and spending of $92k, leaving 47% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $62k to $173k (+178%), an average of +178% a year. The sharpest change came in the year to June 2023, when income rose by 178%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Newton Ministerial Alliance Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within KS. Charities of a similar size with the same main cause include Gloversville Library Foundation Inc ($173k), Martin Luther King Jr Parade Foundation Inc ($173k) and Green & Gold Foundation ($173k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.