Beth Sholom Terrace

Analysis

Beth Sholom Terrace is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Beth Sholom Terrace reported income of $550k and spending of $483k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $555k to $550k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to June 2021, when income dropped by 18%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beth Sholom Terrace 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 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Partners Against Trafficking Humans ($550k), Westwood Affordable Housing Inc ($550k) and My Neighbor to Love Coalition ($549k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.1m against liabilities of $6.7m, net assets of -$3.6m.