New Age Study of Humanitys Purpose

Analysis

New Age Study of Humanitys Purpose is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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 Age Study of Humanitys Purpose reported income of $1.3m and spending of $977k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Age Study of Humanitys Purpose 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 82nd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Rotacare Bay Area Inc ($1.3m), Opus 40 Inc ($1.3m) and Camp Lake Stevens Social Services Program Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $243k (25% of expenses). Other salaries and wages came to $173k. At year end it held assets of $4.1m against liabilities of $3,794, net assets of $4.1m. It reported 5 employees.