Beyond New Beginnings

Analysis

Beyond New Beginnings is a registered charity in United States, based in Chaska, MN. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Beyond New Beginnings reported income of $210k and spending of $113k, leaving 46% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $42k to $210k (+394%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 223%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beyond New Beginnings sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Comfort House of Allegany County Inc ($210k), Casita Copan Inc ($210k) and Chippewa County Family Project Inc ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (49% of expenses). Other salaries and wages came to $26k. At year end it held assets of $152k against liabilities of $1,610, net assets of $150k.