New Beginnings Pregnancy Care Center

Analysis

New Beginnings Pregnancy Care Center is a registered charity in United States, based in Grand Rapids, MN. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Beginnings Pregnancy Care Center reported income of $347k and spending of $317k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $347k (+63%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginnings Pregnancy Care Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Wilkin County Developmental Activity Center Inc ($347k), Fund a Life NFP ($347k) and Arica Institute Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $34k (11% of expenses). Other salaries and wages came to $141k. At year end it held assets of $518k against liabilities of $61k, net assets of $457k. It reported 13 employees.