Blessed Beginnings Inc

Analysis

Blessed Beginnings Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 2012, 14 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, Blessed Beginnings Inc reported income of $105k and spending of $95k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $105k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 255%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blessed Beginnings Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include LA Cares ($105k), Blytheville Community Samaritan Ministries ($105k) and Brown James Buck Memorial Association Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1,650 (1.7% of expenses). At year end it held assets of $55k against liabilities of $0, net assets of $55k. It reported 2 employees.