Pleasant Beginnings Inc

Analysis

Pleasant Beginnings Inc is a registered charity in United States, based in Manhattan BCH, CA. It received its IRS tax-exemption ruling in September 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, Pleasant Beginnings Inc reported income of $196k and spending of $182k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $196k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pleasant Beginnings Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Dare to Dream Bigger Inc ($196k), Shalom Tikvah Inc ($196k) and Callaway Senior Centers ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $36k against liabilities of $1,207, net assets of $35k.