TPhilanthropy, Voluntarism & GrantmakingEIN: 954894776· Ruling Year: 2002

New Morning

Columbia, South Carolina

BHealth Score
56B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.44×
Peer Median15.61×
💰
$7.2M
Total Revenue
📊
$10.8M
Total Expenses
🏦
$4.8M
Net Assets
📋
$649K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-35.4%
Year-over-year change (2022 → 2023)
Net Margin
-49.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.44
Net assets divided by total expenses
Liabilities-to-Assets
12.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,218,55735%$10,805,1705%$5,406,58938%
2022$11,179,1736%$11,394,75511%$8,704,7629%
2021$10,587,01035%$12,786,37720%$9,598,75016%
2020$16,263,5891%$15,952,2671%$11,468,4665%
2019$16,356,876$16,173,8751%$10,926,3771%
2018$16,381,5801%$16,318,65670%$10,779,8284%
2017$16,501,454228%$9,597,391130%$10,327,290212%
2016$5,037,39890%$4,164,26362%$3,305,11926%
2015$2,649,9154%$2,569,26710%$2,620,9621%
2014$2,753,13312%$2,868,92319%$2,635,160
2013$2,458,9245%$3,554,90726%$2,640,56223%
2012$2,597,6183%$2,811,9385%$3,443,2977%
2011$2,675,653$2,668,734$3,700,319

Frequently Asked Questions

What does New Morning do?

New Morning is a philanthropy, voluntarism & grantmaking nonprofit organization based in South Carolina. It is classified under NTEE code T11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Morning financially healthy?

Based on our 9-metric Financial Health Score model, New Morning has a score of 56/100 (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 Morning generate?

New Morning reports $7.1M in annual revenue and holds $4.6M in total assets, based on IRS filings.

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New Morning — Columbia, SC | GiveScope