A New Leaf Inc

Analysis

A New Leaf Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in September 1978, 48 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, A New Leaf Inc reported income of $19.9m and spending of $14.9m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.7m to $19.9m (+160%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A New Leaf Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include Corvallis Neighborhood Housing Services Inc ($19.9m), Community Partners in Action Inc ($19.9m) and United Methodist Western Kansas Mexican-American Ministries Inc ($19.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.7% of the total. Other salaries and wages came to $10.6m. At year end it held assets of $32.9m against liabilities of $3.2m, net assets of $29.7m. It reported 418 employees.