New Beginnings Ministries of Stone County

Analysis

New Beginnings Ministries of Stone County is a registered charity in United States, based in Wiggins, MS. It received its IRS tax-exemption ruling in December 2021, 5 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 June 2024, New Beginnings Ministries of Stone County reported income of $87k and spending of $92k, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $68k to $87k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Beginnings Ministries of Stone County sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within MS. Charities of a similar size with the same main cause include A Community Clinic Inc ($87k), Healing Harts Equestrian Center Inc ($87k) and Team Maureen Inc ($87k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of -$681 against liabilities of $56k, net assets of -$57k. It reported 2 employees.