New Covenant Ministry of Lancaster Ca

Analysis

New Covenant Ministry of Lancaster Ca is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Covenant Ministry of Lancaster Ca reported income of $115k and spending of $61k, leaving 47% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $35k to $115k (+229%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 276%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Covenant Ministry of Lancaster Ca sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include American Wheat Mission Inc ($115k), Isaiah 58 Ministries Inc ($115k) and Gospel Outreach Ministries Inc ($115k).

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 $69k against liabilities of $0, net assets of $69k.