International New Thought Alliance a Corp

Analysis

International New Thought Alliance a Corp is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in December 1948, 78 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 May 2023, International New Thought Alliance a Corp reported income of $64k and spending of $87k, spending 135% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $48k to $64k (+33%), an average of +7.3% a year. The sharpest change came in the year to May 2020, when income rose by 83%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International New Thought Alliance a Corp sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within MO. Charities of a similar size with the same main cause include World Evangelistic Rescue Corporate Church of God ($64k), Connecticut Association of Prof Financial Aid Admin Inc ($64k) and Mr Residences Inc ($64k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $672k against liabilities of $0, net assets of $672k.