Newton Foundation

Analysis

Newton Foundation is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Newton Foundation reported income of $1.1m and spending of $1.7m, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 1461%. Over the whole period it spent 237% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Newton Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within WY. Charities of a similar size with the same main cause include Our Children Oregon ($1.1m), B Charitable Inc ($1.1m) and Missouri Coalition of Recovery Support Providers ($1.1m).

Compensation of current officers, directors and key employees was $93k (5.3% of expenses). At year end it held assets of $12.1m against liabilities of $922k, net assets of $11.2m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.