A New Beginning Ffa

Analysis

A New Beginning Ffa is a registered charity in United States, based in Hesperia, CA. It received its IRS tax-exemption ruling in October 2004, 22 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 June 2023, A New Beginning Ffa reported income of $3.4m and spending of $3.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.4m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A New Beginning Ffa sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Community Learning Center Institute ($3.4m), Bethlehem Area Public Library ($3.4m) and Charter Schools Development Center ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $1.1m against liabilities of $744k, net assets of $373k. It reported 38 employees.