New Dimensions Development Foundation Inc

Analysis

New Dimensions Development Foundation Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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 Dimensions Development Foundation Inc reported income of $375k and spending of $328k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $375k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Dimensions Development Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MS. Charities of a similar size with the same main cause include H O L I E of West Allis Inc ($375k), Veteran Community Initiatives Inc ($375k) and Economic Development Council of Livingston County ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $31k (9.5% of expenses). Other salaries and wages came to $41k. At year end it held assets of $317k against liabilities of $0, net assets of $317k. It reported 5 employees.