Is New Creation Healing Center Inc Legit?

New Creation Healing Center Inc. demonstrates consistent operational activity with annual revenues generally ranging between $370,000 and $450,000 over the past decade. The organization's financial health appears stable, though it frequently operates with expenses slightly exceeding revenue, as seen in 202312 ($384,576 expenses vs. $372,999 revenue) and 202212 ($418,766 expenses vs. $400,676 revenue). This trend of minor deficits suggests a tight operating margin, but not a critical financial instability given the relatively low liabilities reported in most years. Assets have fluctuated, reaching a high of $80,354 in 202112 and currently standing at $50,487 in 202312, indicating a modest but present reserve. The organization's transparency is strong regarding executive compensation, as it consistently reports 0% officer compensation across all available filings. This indicates that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent reporting of liabilities near zero in recent years (e.g., $0 in 202312 and 202212) further enhances its financial transparency and stability. Overall, New Creation Healing Center Inc. appears to be a financially stable organization with a consistent revenue stream and a commendable commitment to transparency regarding executive pay. While operating with narrow margins, its ability to maintain operations and keep liabilities low suggests prudent financial management. A more detailed expense breakdown would further clarify its spending efficiency.