Works in New Directions Inc

Analysis

Works in New Directions Inc is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Works in New Directions Inc reported income of $568k and spending of $360k, leaving 37% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $112k to $568k (+408%), an average of +408% a year. The sharpest change came in the year to September 2023, when income rose by 408%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Works in New Directions Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Full Gospel World Missions Inc ($568k), Metropolitan Housing Development Corporation ($568k) and International Examiner ($568k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. At year end it held assets of $276k against liabilities of $6,423, net assets of $270k.