Beth-Anne Extended Living

Analysis

Beth-Anne Extended Living is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Beth-Anne Extended Living reported income of $1.2m and spending of $1.4m, spending 122% of what it took in. Across the 3 years on record, from June 2019 to June 2022, income grew from $893k to $1.2m (+30%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beth-Anne Extended Living sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include McHi Affordable Acquisitions Inc ($1.2m), Families First Inc ($1.2m) and Ahepa 58 Inc ($1.2m).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $240k. At year end it held assets of $6.6m against liabilities of $10.5m, net assets of -$4.0m.

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.