Beats Rhymes and Life

Analysis

Beats Rhymes and Life is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Beats Rhymes and Life reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $749k to $1.9m (+149%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beats Rhymes and Life sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Orthopaedic Foot & Ankle Foundation ($1.9m), Care Net Resource Pregnancy Centers Inc ($1.9m) and Reproductive Health Investors Alliance Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $444k (24% of expenses). It paid $1,500 in professional fundraising fees. At year end it held assets of $642k against liabilities of $442k, net assets of $200k. It reported 14 employees.