New Road Missions Inc
Analysis
New Road Missions Inc is a registered charity in United States, based in Southampton, NJ. 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, New Road Missions Inc reported income of $431k and spending of $430k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $283k to $431k (+53%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, New Road Missions Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Ruachway ($431k), Fathers House ($431k) and Amistad Worldwide ($431k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $58k (13% of expenses). Other salaries and wages came to $38k. At year end it held assets of $138k against liabilities of $0, net assets of $138k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Program services 12%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ruachway | LA Feria | $431k |
| Fathers House | Burnsville | $431k |
| Amistad Worldwide | Fargo | $431k |
| Project 14 Global Missions | Lebanon | $431k |