Center for New Beginnings

Analysis

Center for New Beginnings is a registered charity in United States, based in Littleton, NH. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Center for New Beginnings reported income of $320k and spending of $343k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $424k to $320k (-25%), an average of -6.8% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for New Beginnings sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within NH. Charities of a similar size with the same main cause include November Project Inc ($319k), Ayati - a New Jersey Non-Profit Corporation ($320k) and Madison Free Clinic Inc ($319k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $40k (12% of expenses). Other salaries and wages came to $212k. At year end it held assets of $347k against liabilities of $7,082, net assets of $340k. It reported 9 employees.