Beacon-Independent Living Services

Analysis

Beacon-Independent Living Services is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in March 2003, 23 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, Beacon-Independent Living Services reported income of $1.7m and spending of $1.5m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.8m to $1.7m (-4.0%), an average of -1.3% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beacon-Independent Living Services sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Casa of Placer Yuba Sutter ($1.7m), K2 Escape ($1.7m) and Blessing House ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $174k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.3m against liabilities of $3,124, net assets of $1.3m. It reported 45 employees.