New Song Mission Inc

Analysis

New Song Mission Inc is a registered charity in United States, based in Nashville, IN. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, New Song Mission Inc reported income of $424k and spending of $583k, spending 137% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $404k to $424k (+5.1%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Song Mission Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include He Is Me Institute Inc ($424k), American Friends of Vshachanti ($424k) and Central Coast Village Center Inc ($424k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $60k (10% of expenses). Other salaries and wages came to $173k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 8 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.