New Beginning Ministry

Analysis

New Beginning Ministry is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Beginning Ministry reported income of $69k and spending of $67k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $69k (-7.2%), an average of -7.2% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Beginning Ministry sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include De En Temple ($69k), One Minute Apologist Inc ($69k) and Matzliach Organization Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.