New Day Enterprises

Analysis

New Day Enterprises is a registered charity in United States, based in LA Grande, OR. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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 Day Enterprises reported income of $3.7m and spending of $3.1m, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.7m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Day Enterprises sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Young Mens Christian Association Naugatuck ($3.7m), Hays County Food Bank ($3.7m) and Habitat for Humanity International Inc ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $95k (3.0% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.4m against liabilities of $67k, net assets of $4.4m. It reported 62 employees.