A New Leaf Cottages Inc

Analysis

A New Leaf Cottages Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in June 1996, 30 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, A New Leaf Cottages Inc reported income of $232k and spending of $233k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $173k to $232k (+35%), an average of +7.7% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A New Leaf Cottages Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Citrus United Basket Inc ($232k), Kids and Canines Inc ($233k) and Evelyn Memorial Compassionate Ministry ($232k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $26k. At year end it held assets of $2.0m against liabilities of $1.9m, net assets of $33k.