Beneficial Housing Foundation

Analysis

Beneficial Housing Foundation is a registered charity in United States, based in Auburn, CA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Beneficial Housing Foundation reported income of $201k and spending of $174k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $177k to $201k (+14%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 255%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beneficial Housing Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Ken-Crest Housing Pa 2002 Inc ($201k), Lake Charles Non-Profit Housing Development Corporation ($201k) and Bihf Riverside Community Based Nonprofit Corporation ($201k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $133k (76% of expenses). At year end it held assets of $238k against liabilities of $38k, net assets of $200k. It reported 1 employees.