New American Consortium for Wellness and Empowerment

Analysis

New American Consortium for Wellness and Empowerment is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, New American Consortium for Wellness and Empowerment reported income of $229k and spending of $211k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $205k to $229k (+12%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 201%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New American Consortium for Wellness and Empowerment sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 50th percentile within ND. Charities of a similar size with the same main cause include Gamma Mu Foundation Inc ($229k), Elizabeth Collins Liver Memorial TR Uw 050295 ($229k) and Zichron Zvi Chesed Fund ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.6% of the total. Other salaries and wages came to $130k. It paid $3,000 in professional fundraising fees. At year end it held assets of $36k against liabilities of $4,626, net assets of $32k. It reported 7 employees.