New Day Inc

Analysis

New Day Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, New Day Inc reported income of $5.6m and spending of $6.6m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $5.6m (-0.2%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Day Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include Alternative Paths Inc ($5.6m), Oregon Primary Care Association ($5.6m) and Mercy Regional Emergency Medical System LLC ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $298k (4.5% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $8.3m against liabilities of $2.4m, net assets of $6.0m. It reported 128 employees.