New Beginnings Leadership Business and Indivdal Developmnt Centr Inc

Analysis

New Beginnings Leadership Business and Indivdal Developmnt Centr Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Leadership Business and Indivdal Developmnt Centr Inc reported income of $83k and spending of $80k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $83k (+3.2%), an average of +3.2% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Beginnings Leadership Business and Indivdal Developmnt Centr Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Fireside Elementary School Parent Teacher Organization Inc ($83k), Keeping Inspired Dreams Sound Inc ($83k) and Engage Globally ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. At year end it held assets of $32k against liabilities of $39k, net assets of -$7,412.