New Technology Made Simple Now Inc

Analysis

New Technology Made Simple Now Inc is a registered charity in United States, based in Alachua, FL. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Technology Made Simple Now Inc reported income of $169k and spending of $173k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $169k (+2.1%), an average of +2.1% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Technology Made Simple Now Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Lawton Farmes Market Institute ($169k), Wybsl Inc ($169k) and One More Inc ($169k).

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 $62k against liabilities of $53k, net assets of $8,961.