New Day Ministry

Analysis

New Day Ministry is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in May 2016, 10 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 December 2023, New Day Ministry reported income of $86k and spending of $93k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $86k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Day Ministry sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Joyya Support US ($86k), Cops Kids and Toys Inc ($86k) and Mercer County Coalition for Drug Awareness ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $237, net assets of $29k.