Kelly New Day Ministries

Analysis

Kelly New Day Ministries is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in February 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, Kelly New Day Ministries reported income of $160k and spending of $156k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $160k (+9.3%), an average of +9.3% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kelly New Day Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Hilton Head Choral Society Inc ($160k), Youth Mentors Association of the ($160k) and PTA California Congress of Parents Teachers & Students Inc ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $141k against liabilities of $154k, net assets of -$12k.