New Beginnings Reentry Services Inc

Analysis

New Beginnings Reentry Services Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Reentry Services Inc reported income of $827k and spending of $833k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $389k to $827k (+113%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 263%. Over the whole period it spent 83% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Beginnings Reentry Services Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Oklahoma Lawyers for Children Inc ($827k), St Johns Housing Development Fund Corporation ($827k) and Restoreher Usamerica Inc ($827k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $102k (12% of expenses). Other salaries and wages came to $286k. At year end it held assets of $500k against liabilities of $81k, net assets of $419k. It reported 18 employees.