Beverly Farm Institute

Analysis

Beverly Farm Institute is a registered charity in United States, based in Godfrey, IL. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Beverly Farm Institute reported income of $1.3m and spending of $0, leaving 100% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $937k to $1.3m (+36%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 264%. Over the whole period it spent 5.5% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beverly Farm Institute sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include St Francis Foundation ($1.3m), Society for Range Management American Society for Range Manage ($1.3m) and Kiddie Korral 2-0 Child Care Center and Early Learning Program ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $20.6m against liabilities of $0, net assets of $20.6m.