New School at Chambers Bay

Analysis

New School at Chambers Bay is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 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, New School at Chambers Bay reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $677k to $1.6m (+139%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 171%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New School at Chambers Bay sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NV. Charities of a similar size with the same main cause include Living Grace Homes Inc ($1.6m), Oxford School Age Child Care Program ($1.6m) and Northern Transitions Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $24k (1.7% of expenses). Other salaries and wages came to $680k. At year end it held assets of $174k against liabilities of $44, net assets of $174k. It reported 52 employees.