Beta Community Partnerships Inc

Analysis

Beta Community Partnerships Inc is a registered charity in United States, based in Attleboro, MA. It received its IRS tax-exemption ruling in August 1978, 48 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 June 2023, Beta Community Partnerships Inc reported income of $6.2m and spending of $6.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $6.2m (+23%), an average of +5.3% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beta Community Partnerships Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Consumer Credit Counseling Service of Delaware Valley ($6.2m), The Childrens Shelter ($6.2m) and Military Warriors Support Foundation ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $122k (1.9% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $3.5m against liabilities of $1.6m, net assets of $1.9m. It reported 102 employees.