New Beginnings Family Resource Center

Analysis

New Beginnings Family Resource Center is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Family Resource Center reported income of $163k and spending of $161k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $174k to $163k (-6.7%), an average of -6.7% a year. 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 Family Resource Center sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Vigilant Torch Foundation ($163k), Gallatin Senior Citizens Center Inc ($163k) and Awake Network Foundation ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8,216 against liabilities of $0, net assets of $8,216.