Beneficial Rep Payee Services Inc

Analysis

Beneficial Rep Payee Services Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in October 2004, 22 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, Beneficial Rep Payee Services Inc reported income of $188k and spending of $190k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $171k to $188k (+9.7%), an average of +4.8% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beneficial Rep Payee Services Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Marblehead Food Pantry Inc ($188k), Faith Village Inc ($188k) and Only Hope WNC ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $226k against liabilities of $220k, net assets of $6,247.