Religion-Related
(X20)
990 on File
NEW CREATION LIFE MINISTRIES INC
Financial strength (30%)
76/100
Reliability (20%)
45/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$398K
Total Revenue
$429K
Total Expenses
$233K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.1%
Fundraising Efficiency
N/A
Operating Reserve
6.53x
Liability-to-Asset
3.3%
Revenue Diversification
84.3%
Executive Compensation
$109K
Compared with Peers
FY 2024
Compared with 8,472 similar organizations
(United States, Religion-Related, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.1% | 87.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.9% | 8.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.5 mo | 7.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.3% | 0.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
84.3% | 99.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-3.3% | 6.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.3% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.8% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $398K | $429K | $233K | 90.1% | 0 |
| 2023 | $411K | $392K | $264K | 97.0% | 0 |
| 2022 | $299K | $254K | $245K | 86.1% | 0 |
| 2021 | $588K | $237K | N/A | — | 0 |
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