New Beginnings Transitional Living

Analysis

New Beginnings Transitional Living is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Transitional Living reported income of $230k and spending of $235k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $164k to $230k (+40%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Beginnings Transitional Living sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include New Directions Decatur County ($230k), Schranks Clubhouse ($230k) and No Stomach for Cancer Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. At year end it held assets of $40k against liabilities of $374k, net assets of -$333k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.