Beinstrumental Foundation

Analysis

Beinstrumental Foundation is a registered charity in United States, based in Sylvania, OH. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Beinstrumental Foundation reported income of $53k and spending of $50k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $62k to $53k (-14%), an average of -7.3% a year. The sharpest change came in the year to December 2023, when income rose by 419%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beinstrumental Foundation 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 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include The Trident Club of South Carolina ($53k), Triangle South Literacy Works Inc ($53k) and North Newton Athletic Boosters Club Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 107% and program service revenue 1.4% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.