A New Beginning Adoption Agency Inc

Analysis

A New Beginning Adoption Agency Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A New Beginning Adoption Agency Inc reported income of $708k and spending of $954k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $830k to $708k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A New Beginning Adoption Agency Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within ID. Charities of a similar size with the same main cause include Community Rehabilitation Agencies of Tennessee ($708k), Unidos South Oc Inc ($708k) and Triad Christian Academy Inc ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $80k (8.4% of expenses). Other salaries and wages came to $385k. At year end it held assets of $229k against liabilities of $4,722, net assets of $224k. It reported 15 employees.