New Heights Therapy Center

Analysis

New Heights Therapy Center is a registered charity in United States, based in Folsom, LA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Heights Therapy Center reported income of $660k and spending of $656k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $629k to $660k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Heights Therapy Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Northern California Regional Serv Office of Narcotics Anonymous ($659k), Stepping Stone Child Advocacy Center Inc ($660k) and Open Arms Incorporated ($659k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 21% of the total. Other salaries and wages came to $189k. At year end it held assets of $1.3m against liabilities of $28k, net assets of $1.2m. It reported 4 employees.