New Life Hispanic Ministries Inc

Analysis

New Life Hispanic Ministries Inc is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Hispanic Ministries Inc reported income of $140k and spending of $110k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $140k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Life Hispanic Ministries Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Miracles in Christ International Ministries ($140k), Ric Wright Ministries Inc ($140k) and Least of These--India ($140k).

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 $123k against liabilities of $0, net assets of $123k.