New Vistas

Analysis

New Vistas is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Vistas reported income of $2.3m and spending of $2.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.3m (+24%), an average of +5.6% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Vistas sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NM. Charities of a similar size with the same main cause include Womens Shelter Inc ($2.3m), Ward County Greater Works Inc ($2.3m) and Rising Star Outreach Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $252k (10% of expenses). At year end it held assets of $1.2m against liabilities of $718k, net assets of $500k. It reported 28 employees.