Set Beautiful Free

Analysis

Set Beautiful Free is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in August 2009, 17 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 2022, Set Beautiful Free reported income of $645k and spending of $520k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $674k to $645k (-4.3%), an average of -1.5% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Set Beautiful Free sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Southern Harbor Eldercare Services ($645k), Urban Angels SF ($645k) and On-The-Move Community Integration ($645k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $67k (13% of expenses). Other salaries and wages came to $86k. At year end it held assets of $581k against liabilities of $14k, net assets of $567k. It reported 3 employees.