New Nation

Analysis

New Nation is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Nation reported income of $527k and spending of $596k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $527k (+139%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 297%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Nation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Young Sephardic Community Center ($527k), Ywam Myrtle Beach Inc ($527k) and Nefesh Monuments ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.