Beech Acres Foundation

Analysis

Beech Acres Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Beech Acres Foundation reported income of $2.9m and spending of $751k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $969k to $2.9m (+194%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 242%. Over the whole period it spent 246% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beech Acres Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Hands in Service Incorporated ($2.9m), Austin Hatcher Foundation Forpediatric Cancer ($2.9m) and Boston Globe Foundation Inc ($2.9m).

At year end it held assets of $40.6m against liabilities of $40.6m, net assets of $0.