Newton Center

Analysis

Newton Center is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Newton Center reported income of $5.6m and spending of $6.0m, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.6m to $5.6m (+56%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Newton Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Project 658 Inc ($5.6m), Evansville Arc Inc ($5.6m) and Edward C Mazique Parent Child Center Inc of the District of Colu ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $2.0m, net assets of -$459k.