Beckley Raleigh County Conventioncenter Inc

Analysis

Beckley Raleigh County Conventioncenter Inc is a registered charity in United States, based in Beckley, WV. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Beckley Raleigh County Conventioncenter Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beckley Raleigh County Conventioncenter Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WV. Charities of a similar size with the same main cause include National Church Residences of ($1.3m), Plano Community Home Sponsor Inc ($1.3m) and Nicholas P Sims Library and Lyceum ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $410k. At year end it held assets of $2.4m against liabilities of $1.6m, net assets of $744k.