New Life Ministries Inc

Analysis

New Life Ministries Inc is a registered charity in United States, based in Harrisburg, OR. It received its IRS tax-exemption ruling in November 1993, 33 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 December 2023, New Life Ministries Inc reported income of $147k and spending of $183k, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $369k to $147k (-60%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Life Ministries Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OR. Charities of a similar size with the same main cause include Lutheran Archives Center at Philadelphia ($147k), The Windrose Project Inc ($147k) and Reil ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.