New Beginnings in Christ Inc

Analysis

New Beginnings in Christ Inc is a registered charity in United States, based in Garfield, GA. It received its IRS tax-exemption ruling in January 2008, 18 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 in Christ Inc reported income of $597k and spending of $609k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $428k to $597k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginnings in Christ Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Leflore County Child Advocacy ($597k), Re Purpose Savannah Inc ($597k) and Massachusetts Bail Fund Inc ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $586k against liabilities of $0, net assets of $586k.