Pakistani New Life Church

Analysis

Pakistani New Life Church is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 1964, 62 years ago. 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 2023, Pakistani New Life Church reported income of $246k and spending of $215k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $246k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pakistani New Life Church sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Knox Public Library ($246k), Argyle Band Boosters ($246k) and Norfolk Cable Corporation ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $94k against liabilities of $0, net assets of $94k.