New Beginnings Food Outreach Inc

Analysis

New Beginnings Food Outreach Inc is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Food Outreach Inc reported income of $446k and spending of $446k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $410k to $446k (+8.8%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginnings Food Outreach Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Brazilian Womens Group Inc ($446k), Winyan Wicayuonihan Oyanke-Where All Women Are Honored ($446k) and I Am Abel Foundation ($445k).

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 $1,782 against liabilities of $0, net assets of $1,782.