New Beginning Apostolic Church Inc

Analysis

New Beginning Apostolic Church Inc is a registered charity in United States, based in MC Intosh, AL. It received its IRS tax-exemption ruling in January 2008, 18 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 Apostolic Church Inc reported income of $236k and spending of $238k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $236k (+20%), an average of +4.6% a year. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Beginning Apostolic Church Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within AL. Charities of a similar size with the same main cause include South City Athletic Club ($236k), Barnabas Network Inc ($236k) and School Time Bible Ministries ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (9.6% of expenses). Other salaries and wages came to $91k. At year end it held assets of $935k against liabilities of $1,377, net assets of $934k. It reported 12 employees.