New Beginning Christian Outreach Ministries

Analysis

New Beginning Christian Outreach Ministries is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in December 2020, 6 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 Beginning Christian Outreach Ministries reported income of $107k and spending of $67k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $107k (+4.0%), an average of +4.0% a year. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginning Christian Outreach Ministries sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Atkinson Senior Center a Non Profit Nebraska Corporation ($107k), Willamette Lutheran Foundation ($107k) and People for Equality and Relief in Lanka Inc - Pearl ($107k).

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 $145k against liabilities of $0, net assets of $145k.