New Beginnings Therapy Services Inc

Analysis

New Beginnings Therapy Services Inc is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in October 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, New Beginnings Therapy Services Inc reported income of $192k and spending of $187k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $192k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginnings Therapy Services Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Golden Rule Plaza Inc ($192k), Compassion and Hope Pregnancy Center ($192k) and Geneva Senior Center Foundation Inc ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $19k against liabilities of $1,712, net assets of $17k.