Its a New Day Inc

Analysis

Its a New Day Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in February 1997, 29 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 2022, Its a New Day Inc reported income of $304k and spending of $389k, spending 128% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $274k to $304k (+11%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Its a New Day Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Marys Children Inc ($304k), Catholic Charities of the Archdiocese of Indianapolis Inc ($305k) and Common Ground Ministries Inc ($304k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $12k (3.0% of expenses). At year end it held assets of $28k against liabilities of $1,957, net assets of $26k. It reported 1 employees.