New Beginnings International Children and Family Services

Analysis

New Beginnings International Children and Family Services is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in May 1989, 37 years ago. Its declared purposes cover human services, 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 International Children and Family Services reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.5m (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginnings International Children and Family Services sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within MS. Charities of a similar size with the same main cause include Holtzs Heroes Foundation Inc ($1.5m), Maui Hub ($1.5m) and Homeless Not Toothless ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Other salaries and wages came to $539k. At year end it held assets of $1.3m against liabilities of $171k, net assets of $1.2m. It reported 18 employees.