New Way Counseling Services Inc

Analysis

New Way Counseling Services Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Way Counseling Services Inc reported income of $134k and spending of $163k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $135k to $134k (-0.7%), an average of -0.3% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Way Counseling Services Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Ortho San Antonio Abm Foundation ($134k), Type One Area Diabetic Support ($134k) and Staytoughfighthard Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2,587 against liabilities of $30k, net assets of -$27k.