Humble Beginnings Inc

Analysis

Humble Beginnings Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Humble Beginnings Inc reported income of $100k and spending of $122k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $100k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 104% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Humble Beginnings Inc 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 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Clause 40 Foundation ($100k), Mediation Center ($100k) and Equity Alliance Health of Illinois ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of -$22k against liabilities of $0, net assets of -$22k.