Beit-Hanina Social Club

Analysis

Beit-Hanina Social Club is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beit-Hanina Social Club reported income of $1.4m and spending of $98k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $1.4m (+1043%), an average of +1043% a year. The sharpest change came in the year to December 2023, when income rose by 1043%. Over the whole period it spent 9.6% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beit-Hanina Social Club sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Mayfest Inc ($1.4m), Boilermaker Road Race Inc ($1.4m) and South Arkansas Arts Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.