Beacon Foundation

Analysis

Beacon Foundation is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in October 2002, 24 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, Beacon Foundation reported income of $189k and spending of $88k, leaving 53% of income unspent that year. Across the 3 years on record, from December 2018 to December 2023, income fell from $214k to $189k (-12%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beacon Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within WI. Charities of a similar size with the same main cause include Pride Community Center of North Central Florida ($189k), Madison County Health Coalition Inc ($189k) and Guadalupe Ministry ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $498k against liabilities of $9,917, net assets of $488k.