Beechwood Home

Analysis

Beechwood Home is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 1934, 92 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beechwood Home reported income of $12.5m and spending of $12.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.5m to $12.5m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beechwood Home sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Community Health Centers of Greater Dayton ($12.5m), Ability Connection Texas ($12.5m) and Side by Side ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $605k (5.0% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $62.6m against liabilities of $919k, net assets of $61.7m. It reported 295 employees.