Beekman Alumni and Friends Inc

Analysis

Beekman Alumni and Friends Inc is a registered charity in United States, based in Bastrop, LA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Beekman Alumni and Friends Inc reported income of $14.8m and spending of $11.1m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $14.8m (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beekman Alumni and Friends Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include The Valley Foundation ($14.8m), Eje Academies ($14.8m) and Palm Beach School for Autism Inc ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $5.1m. At year end it held assets of $14.2m against liabilities of $1.8m, net assets of $12.4m. It reported 152 employees.