The Beall Family Foundation

Analysis

The Beall Family Foundation is a registered charity in United States, based in Newport Beach, CA. 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 December 2023, The Beall Family Foundation reported income of $244k and spending of $1.4m, spending 582% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $439k to $244k (-44%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 440%. Over the whole period it spent 971% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Beall Family Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Manheim Veterans Memorial ($244k), Cape Atlantic Citizens Altering Thestrays ($244k) and Ogden Community Foundation a Nonprofit Corporation ($244k).

At year end it held assets of $6.8m against liabilities of $0, net assets of $6.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.