Newlife Alliance

Analysis

Newlife Alliance is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Newlife Alliance reported income of $554k and spending of $608k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $425k to $554k (+30%), an average of +6.8% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newlife Alliance sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Edceptional Inc ($554k), South Carolina Foundation for Educational Leadership ($554k) and Anna Schindler Foundation ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. At year end it held assets of $366k against liabilities of $26k, net assets of $340k.