New Beginnings for You

Analysis

New Beginnings for You is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, New Beginnings for You reported income of $292k and spending of $291k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $344k to $292k (-15%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income rose by 635%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Beginnings for You sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Friends of Jean Webster Inc ($292k), The Southern California Housing Development Corporation of Orange ($292k) and Jerome G Little Manor Inc ($292k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $125k against liabilities of $46k, net assets of $79k.