Beulah Park District

Analysis

Beulah Park District is a registered charity in United States, based in Beulah, ND. It received its IRS tax-exemption ruling in March 2022, 4 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 July 2023, Beulah Park District reported income of $1.4m and spending of $1.6m, spending 115% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income grew from $1.2m to $1.4m (+18%), an average of +18% a year. The sharpest change came in the year to July 2023, when income rose by 18%. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beulah Park District sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within ND. Charities of a similar size with the same main cause include Concordia Tele Caregivers ($1.4m), Hope for Home Ministries ($1.4m) and Loretto Rest Realty Corporation ($1.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 62% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $68k (4.3% of expenses). Other salaries and wages came to $344k. At year end it held assets of $8.0m against liabilities of $6.1m, net assets of $2.0m. It reported 88 employees.