New Beginning Education Center Inc

Analysis

New Beginning Education Center Inc is a registered charity in United States, based in Belleview, FL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Beginning Education Center Inc reported income of $952k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $732k to $952k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Beginning Education Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Trans Women in Need of Services Inc ($952k), The Plus Me Project ($952k) and P S 101qs Parents Association Inc ($952k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $68k (6.3% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 6 employees.