New Beginning Of Charleston Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 324,077 | 399,870 | −75,793 | 1.7 | 66% |
| 2012 | 372,481 | 436,432 | −63,951 | -0.2 | 33% |
| 2013 | 50,596 | 71,373 | −20,777 | -4.5 | — |
| 2014 | 287,826 | 304,829 | −17,003 | -1.7 | 68% |
| 2015 | 432,671 | 432,086 | 585 | -0.9 | 63% |
| 2016 | 518,733 | 414,543 | 104,190 | 2.0 | 64% |
| 2017 | 569,021 | 422,997 | 146,024 | 6.1 | 64% |
| 2018 | 610,073 | 601,520 | 8,553 | 5.7 | 60% |
| 2019 | 712,657 | 723,572 | −10,915 | 5.8 | 66% |
| 2020 | 394,511 | 488,155 | −93,644 | 6.2 | 71% |
| 2021 | 270,807 | 294,855 | −24,048 | 9.3 | 48% |
| 2022 | 142,697 | 248,122 | −105,425 | 6.0 | — |
| 2023 | 680,433 | 530,896 | 149,537 | 6.2 | 61% |
In its most recent public year (2023), this organization brought in $149,537 more than it spent. Its reserves stood at about 6.2 months of spending, up from 1.7 in 2011. Staff pay was 61% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
New Beginning Of Charleston Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works