All Things New Inc

Analysis

All Things New Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, All Things New Inc reported income of $252k and spending of $259k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $282k to $252k (-11%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, All Things New 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 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Slims Africa Inc ($251k), El Sauzal Foundation Inc ($252k) and The Jonah Inheritance Inc ($251k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $60k (23% of expenses). Other salaries and wages came to $75k. At year end it held assets of $165k against liabilities of $3,989, net assets of $161k. It reported 1 employees.