New Century Academy Affiliated Building Company

Analysis

New Century Academy Affiliated Building Company is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Century Academy Affiliated Building Company reported income of $375k and spending of $374k, spending 100% of its income. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Century Academy Affiliated Building Company sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Learning Ladder Preschool ($375k), Israel-Texas Science and Education Foundation Inc ($375k) and Taha Foundation ($375k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.5m against liabilities of $4.5m, net assets of $5,101.