New Light Community Resource Foundation

Analysis

New Light Community Resource Foundation is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, New Light Community Resource Foundation reported income of $368k and spending of $330k, spending 90% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $246k to $368k (+50%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Light Community Resource Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Community Mediation Center Inc ($368k), Mass Citizens for Life Charitable TR ($368k) and Blueforce Strategies Inc ($367k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $18k (5.6% of expenses). Other salaries and wages came to $18k. At year end it held assets of $74k against liabilities of $104k, net assets of -$30k. It reported 2 employees.