Beelzebubs Alumni Association Inc

Analysis

Beelzebubs Alumni Association Inc is a registered charity in United States, based in Niantic, CT. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Beelzebubs Alumni Association Inc reported income of $115k and spending of $144k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $115k (+134%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beelzebubs Alumni Association Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within CT. Charities of a similar size with the same main cause include Greater Milford Area Historical Society Inc ($115k), We Are All Music Foundation Inc ($115k) and Curtain Call Community Theatre ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 58% of the total. At year end it held assets of $813k against liabilities of $5,000, net assets of $808k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.