New Living Israel Inc

Analysis

New Living Israel Inc is a registered charity in United States, based in Stephenville, TX. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Living Israel Inc reported income of $883k and spending of $1.0m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $883k (+563%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 340%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Living Israel Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Rim Country Rotary Club Foundation ($883k), Justworld International Inc ($883k) and Cathedral High School Education Foundation ($883k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $120k. At year end it held assets of $114k against liabilities of $0, net assets of $114k. It reported 2 employees.