New Beginnings for Gilmer County

Analysis

New Beginnings for Gilmer County is a registered charity in United States, based in Ellijay, GA. It received its IRS tax-exemption ruling in April 2015, 11 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 2023, New Beginnings for Gilmer County reported income of $241k and spending of $78k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $257k to $241k (-6.0%), an average of -6.0% a year. Over the whole period it spent 24% 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 Gilmer County sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Hope Street of Siouxland ($241k), Sands Horizon Inc II ($241k) and St Genevieves Village Housing Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $671k against liabilities of $0, net assets of $671k.