New Narrative

Analysis

New Narrative is a registered charity in United States, based in Tigard, OR. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, New Narrative reported income of $31.3m and spending of $30.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.3m to $31.3m (+92%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Narrative sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OR. Charities of a similar size with the same main cause include University of Kansas School of Medicine Wichita Medical Practice ($31.3m), Friends of Switchpoint Inc ($31.3m) and Child Care Alliance of Los Angeles ($31.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $624k (2.0% of expenses). Other salaries and wages came to $17.0m. At year end it held assets of $30.5m against liabilities of $20.2m, net assets of $10.3m. It reported 433 employees.