New Vision for Christ Ministries Inc

Analysis

New Vision for Christ Ministries Inc is a registered charity in United States, based in North Miami, FL. 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, New Vision for Christ Ministries Inc reported income of $562k and spending of $534k, spending 95% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $749k to $562k (-25%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Vision for Christ Ministries Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Tao and Zen Society of USA ($562k), Collegia Catholic Boston Funding Corp ($562k) and City of Hope Outreach ($561k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $131k (24% of expenses). At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 2 employees.