New Beginnings - Big Country

Analysis

New Beginnings - Big Country is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in February 2015, 11 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 - Big Country reported income of $281k and spending of $389k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $281k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginnings - Big Country sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Lacey Food Bank Inc ($281k), Shina Inc ($281k) and Choices Center for Independent Living Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $26k. At year end it held assets of $810k against liabilities of $233k, net assets of $577k. It reported 1 employees.