New Advances for People with Disabilities

Analysis

New Advances for People with Disabilities is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in March 1975, 51 years ago. 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 August 2023, New Advances for People with Disabilities reported income of $7.5m and spending of $6.1m, spending 81% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $6.0m to $7.5m (+26%), an average of +5.9% a year. The sharpest change came in the year to August 2023, when income rose by 18%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Advances for People with Disabilities sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Helping Ourselves Pursue Enrichment Inc ($7.5m), Ohio Hills Health Services ($7.5m) and Bethel Lutheran Home Inc ($7.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $19.5m against liabilities of $431k, net assets of $19.1m. It reported 110 employees.