Beach House Inc

Analysis

Beach House Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in October 1945, 81 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Beach House Inc reported income of $3.6m and spending of $3.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.6m (+66%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beach House Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Peoples Community Action Corporation ($3.6m), Aum International Foundation Inc ($3.6m) and United Methodist Senior Services of Jackson Area Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $121k (3.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.4m against liabilities of $1.2m, net assets of $1.2m. It reported 43 employees.