New Beginning Recovery Center LLC

Analysis

New Beginning Recovery Center LLC is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover health care, 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 December 2023, New Beginning Recovery Center LLC reported income of $3.1m and spending of $2.6m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.1m (+113%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Beginning Recovery Center LLC sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Manor Care of Lacey Wa Association ($3.1m), Grace Foundation of New York ($3.1m) and Charlotte Speech and Hearing Center Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $825k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 61 employees.