Beacon Education Foundation

Analysis

Beacon Education Foundation is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Education Foundation reported income of $164k and spending of $65k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $167k to $164k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 496%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beacon Education Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Rwanda Joy ($164k), FLVS Foundation Inc ($164k) and Silicon Valley Directors Exchange ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $609k against liabilities of $0, net assets of $609k.