Beacon House Aftercare Program Inc

Analysis

Beacon House Aftercare Program Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Beacon House Aftercare Program Inc reported income of $707k and spending of $796k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $586k to $707k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beacon House Aftercare Program Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Best Dental Help ($707k), Purple Pansies Inc ($707k) and Key Bridge Foundation for Education and Research ($707k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $110k (14% of expenses). Other salaries and wages came to $212k. At year end it held assets of $950k against liabilities of $10k, net assets of $940k. It reported 8 employees.