The New America School

Analysis

The New America School is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The New America School reported income of $7.9m and spending of $5.5m, leaving 31% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $9.5m to $7.9m (-17%), an average of -3.6% a year. The sharpest change came in the year to June 2021, when income dropped by 42%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The New America School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include United States Coast Guard Academy Alumni Association Inc ($7.9m), Berkshire County Head Start Child Development Program Inc ($7.9m) and Oasis Academy ($7.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $15.0m against liabilities of $13.9m, net assets of $1.1m. It reported 74 employees.