TPhilanthropy, Voluntarism & GrantmakingEIN: 274526837· Ruling Year: 2011

New Life Thrift Inc

Glenside, Pennsylvania

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.76×
Peer Median15.61×
💰
$2.5M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$1.8M
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-12.4%
Year-over-year change (2022 → 2023)
Net Margin
+1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.76
Net assets divided by total expenses
Liabilities-to-Assets
41.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,452,01812%$2,405,24211%$3,110,049
2022$2,798,42128%$2,160,81314%$3,098,97078%
2021$2,183,38337%$1,900,76118%$1,745,55241%
2020$1,594,73218%$1,614,07216%$1,233,75910%
2019$1,943,85411%$1,925,44118%$1,117,571
2018$1,745,80510%$1,638,4254%$1,118,4199%
2017$1,589,4055%$1,699,0194%$1,024,24911%
2016$1,676,0313%$1,766,40316%$1,153,82511%
2015$1,633,70514%$1,528,50217%$1,302,77552%
2014$1,435,1771%$1,303,5341%$859,84718%
2013$1,452,1428%$1,293,1932%$730,51328%
2012$1,341,788132%$1,272,019152%$569,36115%
2011$579,153$504,106$496,668

Frequently Asked Questions

What does New Life Thrift Inc do?

New Life Thrift Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Pennsylvania. It is classified under NTEE code T50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Life Thrift Inc financially healthy?

Based on our 9-metric Financial Health Score model, New Life Thrift Inc has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does New Life Thrift Inc generate?

New Life Thrift Inc reports $2.4M in annual revenue and holds $3.1M in total assets, based on IRS filings.

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New Life Thrift Inc — Glenside, PA | GiveScope