New Community Project Inc

Analysis

New Community Project Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, New Community Project Inc reported income of $178k and spending of $150k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $178k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New Community Project Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Viking Youth Football Association ($178k), Mountain Fountain Creations ($179k) and Youth Leadership of Memphis Inc ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. At year end it held assets of $101k against liabilities of $8,906, net assets of $92k.