New Start DD Inc

Analysis

New Start DD Inc is a registered charity in United States, based in Woodstock, MD. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Start DD Inc reported income of $645k and spending of $584k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $230k to $645k (+181%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Start DD Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Trinity Academy Inc ($645k), Access Mode Inc ($646k) and Harvard Public Library Trust Inc ($645k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $83k (14% of expenses). Other salaries and wages came to $273k. At year end it held assets of $379k against liabilities of $65k, net assets of $313k. It reported 21 employees.