Beechtree Inc

Analysis

Beechtree Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Beechtree Inc reported income of $1.5m and spending of $1.1m, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $951k to $1.5m (+59%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beechtree Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Sunrise School of Miami Inc ($1.5m), Lead Africa ($1.5m) and Ndsu Research Foundation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $74k (6.5% of expenses). Other salaries and wages came to $628k. At year end it held assets of $1.6m against liabilities of $119k, net assets of $1.5m. It reported 38 employees.