Beatitude House

Analysis

Beatitude House is a registered charity in United States, based in Canfield, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, Beatitude House reported income of $1.8m and spending of $2.0m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.8m (-23%), an average of -6.4% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beatitude House sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Woodbury Athletic Association ($1.8m), Spencer County Emergency Ambulance Service Inc ($1.8m) and Academy of America ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $74k (3.7% of expenses). Other salaries and wages came to $707k. At year end it held assets of $3.9m against liabilities of $204k, net assets of $3.7m. It reported 40 employees.