Newday Foundation of LA Porte Inc

Analysis

Newday Foundation of LA Porte Inc is a registered charity in United States, based in LA Porte, IN. It received its IRS tax-exemption ruling in March 2020, 6 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 December 2023, Newday Foundation of LA Porte Inc reported income of $229k and spending of $178k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $225k to $229k (+2.0%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newday Foundation of LA Porte Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include United Community Center of Michigan ($229k), Lamorinda Village Inc ($229k) and Bluffton Community Soup Kitchen ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $720. At year end it held assets of $222k against liabilities of $459, net assets of $222k. It reported 1 employees.