A New Beginning Achievement Center LLC

Analysis

A New Beginning Achievement Center LLC is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in November 2022, 4 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 (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, A New Beginning Achievement Center LLC reported income of $1.0m and spending of $832k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.1m to $1.0m (-3.3%), an average of -3.3% a year. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, A New Beginning Achievement Center LLC sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Cancer Support Community Montana ($1.0m), Policy Center for Maternal Mental Health ($1.0m) and Glory House Recovery Incorporated ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $687k. At year end it held assets of $675k against liabilities of $0, net assets of $675k.