New Life Center

Analysis

New Life Center is a registered charity in United States, based in Goodyear, AZ. It received its IRS tax-exemption ruling in August 1991, 35 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 June 2023, New Life Center reported income of $4.0m and spending of $4.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $4.0m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Orpe Human Rights Advocates ($4.0m), Webster Child Care Center at Laclede Groves ($4.0m) and Reno Initiative for Shelter and Equality ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $322k (7.8% of expenses). Other salaries and wages came to $1.4m. It paid $42k in professional fundraising fees. At year end it held assets of $7.2m against liabilities of $1.6m, net assets of $5.6m. It reported 45 employees.