Son Beam Inc

Analysis

Son Beam Inc is a registered charity in United States, based in Middlebury, IN. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Son Beam Inc reported income of $77k and spending of $84k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $77k (-5.6%), an average of -5.6% a year. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Son Beam Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within IN. Charities of a similar size with the same main cause include Gateway Center for World Mission ($77k), World Revival and Salvation Ministries ($77k) and Men of Bethany in America ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,521 against liabilities of $0, net assets of $2,521.