New Day Church of Florida Inc

Analysis

New Day Church of Florida Inc is a registered charity in United States, based in Odessa, FL. It received its IRS tax-exemption ruling in May 1989, 37 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Day Church of Florida Inc reported income of $134k and spending of $72k, leaving 46% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $172k to $134k (-22%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Day Church of Florida Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Duluth 1200 Fund Inc ($134k), Paradise Little League Inc ($134k) and Little League Baseball Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $2.1m against liabilities of $3,259, net assets of $2.1m.