Sister Cities of Newport News Inc

Analysis

Sister Cities of Newport News Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sister Cities of Newport News Inc reported income of $99k and spending of $93k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $89k to $99k (+11%), an average of +11% a year. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sister Cities of Newport News Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Nomad Foundation ($99k), Grow and Know ($99k) and Japan America Society of Iowa ($99k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 0.4% of the total. At year end it held assets of $77k against liabilities of $8,249, net assets of $69k.