New Beginnings Animal Rescue

Analysis

New Beginnings Animal Rescue is a registered charity in United States, based in Olive Branch, MS. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Animal Rescue reported income of $184k and spending of $189k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $219k to $184k (-16%), an average of -5.7% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 101% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New Beginnings Animal Rescue sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within MS. Charities of a similar size with the same main cause include Second Chance Companions ($184k), Sister Kitten Animal Rescue ($184k) and Dogs in Danger Rescue Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $7,721 against liabilities of $7,721, net assets of $0.