Jou Nouvo-New Day

Analysis

Jou Nouvo-New Day is a registered charity in United States, based in Hanover, MA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Jou Nouvo-New Day reported income of $122k and spending of $103k, spending 84% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $235k to $122k (-48%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 50%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jou Nouvo-New Day sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Forgotten Soldier Program ($122k), Oma Center for Mind Body and Spirit Inc ($122k) and Oklahoma Fellowship of Catholic Men Inc ($122k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.