New Covenant Women Ministries
EIN: 570858264 · Columbia, SC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $39K |
| Total Expenses | $17K |
| Net Assets | $2K |
Is New Covenant Women Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Covenant Women Ministries
New Covenant Women Ministries (EIN: 570858264) is a nonprofit organization based in Columbia, SC, classified under NTEE code X20. The organization reported total revenue of $39K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Covenant Women Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Covenant Women Ministries is a micro nonprofit that has been operating for 9 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $17K |
| Surplus / Deficit | +$347 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 2.1% |
| Months of Reserves | 1.6 months |
Financial Health Grade: A
In 2023, New Covenant Women Ministries reported a surplus of $347 with revenue exceeding expenses, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2010–2023), New Covenant Women Ministries's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.2% | +51.0% | +19.2% |
| 2022 | -9.9% | +2.2% | -25.1% |
| 2021 | +72.5% | +105.7% | +46.4% |
| 2020 | -62.2% | -69.9% | +439.7% |
| 2019 | +0.0% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Covenant Women Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Covenant Women Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $347, with revenue exceeding expenses.
Frequently Asked Questions about New Covenant Women Ministries
Is New Covenant Women Ministries a legitimate charity?
New Covenant Women Ministries (EIN: 570858264) is a registered tax-exempt nonprofit based in South Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $39K. No red flags identified. Financial health grade: A.
How does New Covenant Women Ministries spend its money?
New Covenant Women Ministries reported $39K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Covenant Women Ministries tax-deductible?
New Covenant Women Ministries is registered as a tax-exempt nonprofit (EIN: 570858264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Covenant Women Ministries located?
New Covenant Women Ministries is headquartered in Columbia, South Carolina and files with the IRS under EIN 570858264. It is classified under NTEE code X20.
How many years of IRS 990 filings does New Covenant Women Ministries have?
New Covenant Women Ministries has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $39K in total revenue.
Filing History
IRS 990 filing history for New Covenant Women Ministries showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), New Covenant Women Ministries's revenue has grown by 37.7%, moving from $12K to $17K. Total assets decreased by 91.6% over the same period, from $26K to $2K. Total functional expenses rose by 40.2%, from $12K to $17K. In its most recent filing year (2023), New Covenant Women Ministries reported a surplus of $347, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17K | $17K | $2K | $0 | — | View 990 |
| 2022 | $10K | $11K | $2K | $0 | — | View 990 |
| 2021 | $11K | $11K | $2K | $0 | — | View 990 |
| 2020 | $7K | $5K | $2K | $0 | — | — |
| 2019 | $18K | $17K | $305 | $595 | — | View 990 |
| 2018 | $18K | $17K | $305 | $595 | — | View 990 |
| 2017 | $11K | $12K | $1 | $0 | — | View 990 |
| 2016 | $8K | $0 | $1 | $0 | — | View 990 |
| 2013 | $9K | $10K | $0 | $15K | — | View 990 |
| 2012 | $14K | $14K | $15K | $15K | — | View 990 |
| 2011 | $15K | $16K | $22K | $21K | — | View 990 |
| 2010 | $12K | $12K | $26K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17K, expenses of $17K, and assets of $2K (revenue +63.2% year-over-year).
- 2022: Revenue of $10K, expenses of $11K, and assets of $2K (revenue -9.9% year-over-year).
- 2021: Revenue of $11K, expenses of $11K, and assets of $2K (revenue +72.5% year-over-year).
- 2020: Revenue of $7K, expenses of $5K, and assets of $2K (revenue -62.2% year-over-year).
- 2019: Revenue of $18K, expenses of $17K, and assets of $305 (revenue +0.0% year-over-year).
- 2018: Revenue of $18K, expenses of $17K, and assets of $305 (revenue +61.1% year-over-year).
- 2017: Revenue of $11K, expenses of $12K, and assets of $1 (revenue +36.5% year-over-year).
- 2016: Revenue of $8K, expenses of $0, and assets of $1 (revenue -13.0% year-over-year).
- 2013: Revenue of $9K, expenses of $10K, and assets of $0 (revenue -32.9% year-over-year).
- 2012: Revenue of $14K, expenses of $14K, and assets of $15K (revenue -10.9% year-over-year).
- 2011: Revenue of $15K, expenses of $16K, and assets of $22K (revenue +25.5% year-over-year).
- 2010: Revenue of $12K, expenses of $12K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Covenant Women Ministries:
Data Sources and Methodology
This transparency report for New Covenant Women Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.