Fresno New Creation Ministries Inc

Analysis

Fresno New Creation Ministries Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in March 1994, 32 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, Fresno New Creation Ministries Inc reported income of $355k and spending of $434k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $375k to $355k (-5.5%), an average of -1.4% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fresno New Creation Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Leaf Foundation ($355k), The Shepherds Center of Richmond ($355k) and American Water Works Association ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $87k (20% of expenses). Other salaries and wages came to $192k. At year end it held assets of $65k against liabilities of $6,174, net assets of $59k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.