A New Beginning Gods House of Praise Ministry Inc

Analysis

A New Beginning Gods House of Praise Ministry Inc is a registered charity in United States, based in Maywood, IL. It received its IRS tax-exemption ruling in September 1999, 27 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, A New Beginning Gods House of Praise Ministry Inc reported income of $63k and spending of $14k, leaving 77% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $57k to $63k (+10%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 34% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, A New Beginning Gods House of Praise Ministry Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Roca Assistance Fund Inc ($63k), Dagom Gaden Tensung Ling Buddhist Culture Center Inc ($63k) and Helena Community Educational Association ($63k).

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 $153k against liabilities of $0, net assets of $153k.