Each Day a New Beginning

Analysis

Each Day a New Beginning is a registered charity in United States, based in Gonzales, LA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. 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, Each Day a New Beginning reported income of $66k and spending of $61k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $66k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Each Day a New Beginning sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within LA. Charities of a similar size with the same main cause include Little League Baseball Inc ($66k), Road Runners Club of America ($66k) and PTA Texas Congress ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.