New Life Fellowship Ministries Inc

Analysis

New Life Fellowship Ministries Inc is a registered charity in United States, based in Columbia, MS. It received its IRS tax-exemption ruling in January 2016, 10 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 2023, New Life Fellowship Ministries Inc reported income of $380k and spending of $267k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $270k to $380k (+41%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Life Fellowship Ministries Inc sits at the 79th percentile: it is larger than about 79% 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 Dzokden ($380k), 500k ($380k) and Christian Leadership Institute ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $28k (11% of expenses). Other salaries and wages came to $14k. At year end it held assets of $567k against liabilities of $0, net assets of $567k. It reported 3 employees.