New Life Community Center Nonprofit Organization

Analysis

New Life Community Center Nonprofit Organization is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, New Life Community Center Nonprofit Organization reported income of $120k and spending of $103k, spending 86% of its income. The sharpest change came in the year to December 2021, when income rose by 217%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Community Center Nonprofit Organization sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Northwoods Share ($120k), George T Goodwin Community Center Inc ($120k) and Restoration Hope Disaster Relief Inc ($120k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.