New Life Refuge Ministries

Analysis

New Life Refuge Ministries is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, New Life Refuge Ministries reported income of $1.7m and spending of $1.4m, spending 83% of its income. Across the 5 years on record, from January 2020 to December 2023, income grew from $379k to $1.7m (+338%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Life Refuge Ministries sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Love Wins Movement ($1.7m), Prosperity Connection ($1.7m) and Union Gospel Mission of Missoula ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $58k (4.3% of expenses). Other salaries and wages came to $729k. It paid $1,743 in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $106k, net assets of $1.8m. It reported 37 employees.