House of New Beginnings Inc

Analysis

House of New Beginnings Inc is a registered charity in United States, based in Corydon, IN. It received its IRS tax-exemption ruling in September 2000, 26 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 December 2023, House of New Beginnings Inc reported income of $222k and spending of $216k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $180k to $222k (+23%), an average of +7.2% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, House of New Beginnings Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Alliance in Reconstructive Surgery ($222k), Simmering Center Inc ($222k) and CRH Health Services Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $66k (31% of expenses). At year end it held assets of $868k against liabilities of $32k, net assets of $836k. It reported 6 employees.