New Life Fellowship of Corpus Christi Inc

Analysis

New Life Fellowship of Corpus Christi Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in November 1984, 42 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 of Corpus Christi Inc reported income of $154k and spending of $147k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $154k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Life Fellowship of Corpus Christi Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include St Andrew Christian Care Center Inc ($154k), Rose of Sharon Life Center Inc ($154k) and Acceptable Gift Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $14k (9.7% of expenses). Other salaries and wages came to $10k. At year end it held assets of $245k against liabilities of $0, net assets of $245k. It reported 2 employees.