Beacon House USA Inc

Analysis

Beacon House USA Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in March 2019, 7 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, Beacon House USA Inc reported income of $66k and spending of $71k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $66k (+3.9%), an average of +3.9% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beacon House USA Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Association of Vawa Administrators ($66k), Retrouvaille of Metro Detroit ($66k) and Marked As Winners Foundation ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.