New Life Laos Inc

Analysis

New Life Laos Inc is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Life Laos Inc reported income of $117k and spending of $128k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $117k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Life Laos Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MO. Charities of a similar size with the same main cause include New York Center for the Advancement of Cognitive Brain Health Inc ($117k), Beta of Titusville Inc ($117k) and Downside Up ($117k).

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 $15k against liabilities of $0, net assets of $15k.