New Beginnings Day Care Inc

Analysis

New Beginnings Day Care Inc is a registered charity in United States, based in New Athens, IL. It received its IRS tax-exemption ruling in November 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 Beginnings Day Care Inc reported income of $250k and spending of $263k, spending 105% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $156k to $250k (+61%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginnings Day Care Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Neighborhood Outreach Center ($250k), Chris Hondros Fund ($250k) and Lilliputian Montessori School ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $147k. It paid $6,303 in professional fundraising fees. At year end it held assets of $42k against liabilities of -$16, net assets of $42k.