New Capernaum Life Services

Analysis

New Capernaum Life Services is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Capernaum Life Services reported income of $181k and spending of $181k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $181k (+261%), an average of +262% a year. The sharpest change came in the year to December 2023, when income rose by 261%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Capernaum Life Services 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 51st percentile, and in the 57th percentile within SC. Charities of a similar size with the same main cause include Catalyst Community Partners ($181k), Los Banos Downtown Assoc ($181k) and Parents United for Change - Community Organizing and Family Is ($181k).

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 $1,000 against liabilities of $0, net assets of $1,000.