New Life Centers

Analysis

New Life Centers is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in September 2014, 12 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 Centers reported income of $115k and spending of $124k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $474k to $115k (-76%), an average of -30% a year. The sharpest change came in the year to December 2021, when income dropped by 61%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Centers sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Esther Saint Jean Foundation ($115k), VB Home Now Inc ($115k) and Friends of Lucas County Children Services ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $32k against liabilities of $0, net assets of $32k.