Newtons Road Northwest

Analysis

Newtons Road Northwest is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in February 2020, 6 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, Newtons Road Northwest reported income of $63k and spending of $87k, spending 137% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $271k to $63k (-77%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newtons Road Northwest sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Friends of the University of Zambia Foundation Inc ($63k), Lokelani Ohana ($63k) and Germantown Hills Parent Teacher Organization ($63k).

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 $34k against liabilities of $119k, net assets of -$85k.