New Life Counseling Inc
Analysis
New Life Counseling Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Counseling Inc reported income of $477k and spending of $471k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $477k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 75% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Counseling 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 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Jerry and Paula Baker Foundationinc ($477k), Nia Imani Family Inc ($477k) and Hands on New Orleans ($477k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $169k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 63%
- Other 37%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jerry and Paula Baker Foundationinc | Groveland | $477k |
| Nia Imani Family Inc | Milwaukee | $477k |
| Hands on New Orleans | New Orleans | $477k |
| Upper Susitna Food Pantry | Talkeetna | $477k |