New Light Baptist School of Excellence

Analysis

New Light Baptist School of Excellence is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in March 1992, 34 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 Light Baptist School of Excellence reported income of $207k and spending of $255k, spending 124% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $211k to $207k (-2.0%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Light Baptist School of Excellence sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Hilltown Village ($207k), Bay Tree Lakes Volunteer Fire Dept Inc ($207k) and Spark of Hope Foundation ($207k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $176k. At year end it held assets of $221k against liabilities of -$14k, net assets of $235k. It reported 8 employees.