New Covenant Missions Inc

Analysis

New Covenant Missions Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Covenant Missions Inc reported income of $2.3m and spending of $2.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.3m (+128%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, New Covenant Missions Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within ID. Charities of a similar size with the same main cause include Kanzhongguo Association Inc ($2.3m), Partners for Development ($2.3m) and Justice Ventures International ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $100k (4.5% of expenses). Other salaries and wages came to $84k. At year end it held assets of $367k against liabilities of $25k, net assets of $342k. It reported 5 employees.