New Beginnings

Analysis

New Beginnings is a registered charity in United States, based in Momence, IL. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Beginnings reported income of $251k and spending of $248k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $251k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New Beginnings 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 58th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Small Lives Matter Kitten Rescue Inc ($251k), Mountain Pet Rescue ($251k) and Kern Project ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Other salaries and wages came to $66k. At year end it held assets of $7,492 against liabilities of $0, net assets of $7,492. It reported 5 employees.