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New Sanctuary Empowerment Center Inc

RegisteredEIN 86-2199527Tulsa, OKPoverty relief
Income$569k2024-06
Spending$553ksame year
Spent / received96%2-year average
Size in its cause67th pctPoverty relief
Exempt since2021Publicly supported organisat
Employees3latest return

Analysis

New Sanctuary Empowerment Center Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 2021, 5 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 2024, New Sanctuary Empowerment Center Inc reported income of $569k and spending of $553k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $486k to $569k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. 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, New Sanctuary Empowerment Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include Ottawa County Agricultural Society ($569k), Mothers-In-Action Inc ($569k) and Peace Haven Association ($569k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $135k. At year end it held assets of $98k against liabilities of $3,028, net assets of $95k. It reported 3 employees.

Income and spending

$0$142k$285k$427k$569k2023 Income: $486,1982023 Spending: $460,42920232024 Income: $569,1422024 Spending: $553,0192024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Program services 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Ottawa County Agricultural SocietyOak Harbor$569k
Mothers-In-Action IncLos Angeles$569k
Peace Haven AssociationWalnut$569k
Ocean Shores Food BankOcean Shores$569k