Beauty for Ashes Project

Analysis

Beauty for Ashes Project is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Beauty for Ashes Project reported income of $60k and spending of $110k, spending 184% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $60k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Beauty for Ashes Project sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 29th percentile within SC. Charities of a similar size with the same main cause include Touches of Hope Inc ($59k), Educate the Congo Project Inc ($60k) and Diversified Educational Foundation ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.