Beloved Ones

Analysis

Beloved Ones is a registered charity in United States, based in Calif City, CA. It received its IRS tax-exemption ruling in May 2021, 5 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, Beloved Ones reported income of $8.9m and spending of $8.5m, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.5m to $8.9m (+252%), an average of +88% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beloved Ones sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include St Marks Lutheran Home ($8.9m), Ogden-Weber Community Action Partnership Inc ($8.9m) and Abfm Foundation Inc ($8.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $786k (9.3% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $410k against liabilities of -$434k, net assets of $844k.