Financial Information for New Life Economic Development INC

New Life Economic Development INC's annual revenue was $480K in tax year 2024, reported on their IRS Form 990. They spent $523K in total expenses. 93% went to programs and services.

Financial Breakdown

What is New Life Economic Development INC's total annual expenses?

New Life Economic Development INC spent $523K in tax year 2024, according to their IRS Form 990 filing.

How much of New Life Economic Development INC's budget goes to programs?

New Life Economic Development INC spent $487K (93% of expenses) on programs and services in tax year 2024.

How much does New Life Economic Development INC spend on overhead?

New Life Economic Development INC's overhead in tax year 2024 includes administrative (7%) and fundraising (0%) of their expenses.

What is New Life Economic Development INC's net worth?

New Life Economic Development INC had net assets of $666K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.