New Beginning Education and Counseling Training Center

Analysis

New Beginning Education and Counseling Training Center is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, 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, New Beginning Education and Counseling Training Center reported income of $50k and spending of $38k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $50k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Beginning Education and Counseling Training Center sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 21st percentile within CA. Charities of a similar size with the same main cause include Embrace and Shift Inc ($50k), Ste Christine & St Nestor Foundation Inc ($50k) and KVC Foundation Inc ($50k).

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 $1 against liabilities of $0, net assets of $1.