Beech Acres Parenting Center

Analysis

Beech Acres Parenting Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 1942, 84 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 June 2023, Beech Acres Parenting Center reported income of $11.5m and spending of $16.5m, spending 144% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.5m to $11.5m (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beech Acres Parenting Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Mount Aloysius Corp ($11.5m), Fairbanks Resource Agency Inc ($11.5m) and Kids in Distress Inc ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $665k (4.0% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $70.3m against liabilities of $3.3m, net assets of $67.0m. It reported 213 employees.