New Beginnings Youth Foundation

Analysis

New Beginnings Youth Foundation is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Youth Foundation reported income of $63k and spending of $61k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $63k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New Beginnings Youth Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include HP Archery Booster Club ($63k), Matthew L Greer Childrens Foundation Inc ($63k) and Hagerstown Soccer Club Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,968 against liabilities of $0, net assets of $3,968.