Beth El Endowment Foundation

Analysis

Beth El Endowment Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 El Endowment Foundation reported income of $96k and spending of $159k, spending 165% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $144k to $96k (-33%), an average of -9.5% a year. The sharpest change came in the year to June 2020, when income dropped by 32%. Over the whole period it spent 147% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beth El Endowment Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Kelley Heritage Ministries ($96k), Maritime Ministries Inc ($96k) and Summit Interfaith Council ($96k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.

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.