Besa Community Inc

Analysis

Besa Community Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 2010, 16 years ago. 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, Besa Community Inc reported income of $2.5m and spending of $2.2m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $904k to $2.5m (+172%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Besa Community Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Detroit Area Pre College Engineering Program Inc ($2.5m), Alianza Coachella Valley ($2.5m) and Multi-Community Care and Homes Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $129k (5.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.8m against liabilities of $486k, net assets of $1.3m. It reported 24 employees.