Beverlyfarm Living Options

Analysis

Beverlyfarm Living Options is a registered charity in United States, based in Godfrey, IL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Beverlyfarm Living Options reported income of $1.5m and spending of $652k, leaving 57% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $852k to $1.5m (+79%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 69% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beverlyfarm Living Options 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 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Capistrano Terrace Organization ($1.5m), Archbishop McCarthy Residence Inc ($1.5m) and Valley Restart Shelter ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Other salaries and wages came to $499k. At year end it held assets of $2.9m against liabilities of $157k, net assets of $2.7m.