Newvoices Inc

Analysis

Newvoices Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in February 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Newvoices Inc reported income of $183k and spending of $192k, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $154k to $183k (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income dropped by 33%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newvoices Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include North Dakota Shrine Bowl Games Inc ($183k), West Region Emergency Medical Services & Trauma Care Council Inc ($183k) and The Ryan Perry Foundation Inc ($183k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $25k (13% of expenses). Other salaries and wages came to $60k. At year end it held assets of $185k against liabilities of $2,534, net assets of $183k. It reported 3 employees.