Beacon Broadcasting Corporation

Analysis

Beacon Broadcasting Corporation is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. 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 June 2024, Beacon Broadcasting Corporation reported income of $201k and spending of $148k, leaving 26% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $217k to $201k (-7.0%), an average of -3.6% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beacon Broadcasting Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Twin City Legion Booster Club Inc ($201k), Highland County Historical Society Inc ($201k) and Lakewood Performing Arts Council ($201k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $67k (45% of expenses). At year end it held assets of $578k against liabilities of $2,415, net assets of $575k. It reported 1 employees.