Beaches Christian Service Corp Inc

Analysis

Beaches Christian Service Corp Inc is a registered charity in United States, based in Jacksonville Beach, FL. It received its IRS tax-exemption ruling in January 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Beaches Christian Service Corp Inc reported income of $3.7m and spending of $3.1m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.5m to $3.7m (+48%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beaches Christian Service Corp Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include International Computer Science Institute ($3.7m), Thomas Mott Osborne Memorial Fund Inc ($3.7m) and Bethesda of Beresford ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 37% of the total. Other salaries and wages came to $744k. At year end it held assets of $7.7m against liabilities of $4.1m, net assets of $3.6m. It reported 48 employees.