Ha or Beacon School

Analysis

Ha or Beacon School is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ha or Beacon School reported income of $6.8m and spending of $4.4m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $6.8m (+74%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 299%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ha or Beacon School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Platte River Academy ($6.8m), Monterey College of Law ($6.8m) and Ohio Digital Learning School ($6.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m. It reported 89 employees.