Charity Search / PROJECT NEW LIFE
Housing & Shelter (L20) 990 on File

PROJECT NEW LIFE

EIN: 86-3366492 · CHARLOTTESVLE, VA 22901-5457 · United States · FY 2025 Data
3 out of 5 46 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
Reliability (20%) 40/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 10/18/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$52K
Total Revenue
$66K
Total Expenses
$839K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.0%
Fundraising Efficiency N/A
Operating Reserve 151.68x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Executive Compensation $0
Compared with Peers
FY 2025
Compared with 1,339 similar organizations (United States, Housing & Shelter, under $100K in expenses), FY 2025.
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
78.0% 84.1%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
151.7 mo 32.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 2.4%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 99.6%
P10P90
Bottom quarter
Expense growth
Year over year expense growth
32.5% 0.0%
P10P90
Surplus margin
Surplus as a share of revenue
-28.8% 9.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $52K $66K $839K 78.0% —
2024 $0 $50K $853K 70.9% —
2023 $80K $62K $904K 76.6% —
2022 $1K $46K $886K 70.2% —
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Organization Details
EIN
86-3366492
State
VA
City
CHARLOTTESVLE
ZIP
22901-5457
Classification
L20
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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