I Beseech Thee Community Development Corporation

Analysis

I Beseech Thee Community Development Corporation is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in March 2002, 24 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 December 2023, I Beseech Thee Community Development Corporation reported income of $61k and spending of $60k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $61k (+2.1%), an average of +2.1% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, I Beseech Thee Community Development Corporation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Live by Living Foundation ($61k), Christian Approach to Urban Suburban ($61k) and River Stones Residential Services Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $136k against liabilities of $49k, net assets of $87k.