New Reflections Paythway to Hope Inc

Analysis

New Reflections Paythway to Hope Inc is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in April 2017, 9 years ago. 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 September 2023, New Reflections Paythway to Hope Inc reported income of $117k and spending of $85k, leaving 27% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $102k to $117k (+14%), an average of +14% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Reflections Paythway to Hope Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within WI. Charities of a similar size with the same main cause include Womans Club of Wisconsin Foundation Inc ($117k), PTA Florida Congress ($117k) and Spokane Masonic Temple Foundation ($117k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 50% and program service revenue 4.4% of the total. At year end it held assets of $395k against liabilities of $174k, net assets of $221k.