Beacon Hill Village Inc

Analysis

Beacon Hill Village Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2001, 25 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, Beacon Hill Village Inc reported income of $539k and spending of $574k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $517k to $539k (+4.2%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 21%. 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, Beacon Hill Village Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Dallas County Family Resource Center ($539k), Correa Family Foundation ($539k) and Family Promise of Martin County ($539k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 40% of the total. Other salaries and wages came to $307k. At year end it held assets of $1.5m against liabilities of $42k, net assets of $1.5m. It reported 11 employees.