Beginnings Incorporated

Analysis

Beginnings Incorporated is a registered charity in United States, based in Redway, CA. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Beginnings Incorporated reported income of $372k and spending of $345k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $384k to $372k (-3.2%), an average of -0.8% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beginnings Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include National Coalition of 100 Black Women Inc San Francisco Chapter ($372k), Operation Walk Florida Inc ($372k) and Olivet Academy Early Learning Center ($372k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 35% of the total. Other salaries and wages came to $205k. At year end it held assets of $1.4m against liabilities of $46k, net assets of $1.3m. It reported 14 employees.