Beverwyck Inc

Analysis

Beverwyck Inc is a registered charity in United States, based in Slingerlands, NY. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Beverwyck Inc reported income of $18.7m and spending of $15.2m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.4m to $18.7m (+14%), an average of +3.4% a year. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beverwyck Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Air Force Enlisted Village Inc ($18.7m), European American Association ($18.7m) and Rosies Place Inc ($18.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 90% of the total. Other salaries and wages came to $5.8m. At year end it held assets of $86.4m against liabilities of $40.3m, net assets of $46.1m. It reported 276 employees.