Beacon Dowagiac Inc

Analysis

Beacon Dowagiac Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 1954, 72 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Beacon Dowagiac Inc reported income of $18.8m and spending of $21.8m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $23.3m to $18.8m (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beacon Dowagiac 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 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Sightsavers Inc ($18.8m), Sunny Vista Living Center ($18.9m) and West Central Mental Health Center Inc ($18.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Other salaries and wages came to $8.4m. At year end it held assets of $11.3m against liabilities of $5.7m, net assets of $5.6m. It reported 160 employees.