New Leaf National Trust Inc

Analysis

New Leaf National Trust Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover health care, 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 Leaf National Trust Inc reported income of $372k and spending of $616k, spending 166% of what it took in. Across the 5 years on record, from June 2020 to December 2023, income grew from $204k to $372k (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 195% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Leaf National Trust Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Ellwood City Hospital Foundation ($372k), Gifford Medical Center Auxiliary Inc ($372k) and Journey to Healing ($372k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $274k. At year end it held assets of $17.2m against liabilities of $18.4m, net assets of -$1.2m. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.