New Beginnings Outreach Ministry

Analysis

New Beginnings Outreach Ministry is a registered charity in United States, based in Pearsall, TX. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Outreach Ministry reported income of $120k and spending of $123k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $120k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Beginnings Outreach Ministry 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 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Iglesia Pentecostal LA Gloria de Sion ($120k), Win-Son International Servants Heart - Wish ($120k) and Love Crucified Community Inc ($120k).

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 $6,094 against liabilities of $374, net assets of $5,720.