Beit Meir Inc

Analysis

Beit Meir Inc is a registered charity in United States, based in Aventura, FL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Beit Meir Inc reported income of $145k and spending of $148k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $830k to $145k (-83%), an average of -35% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beit Meir Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Shower the People ($145k), Society of Saint Vincent de Paul Santa Clarita Conference ($145k) and Tiny Treasures Collective ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $84k. At year end it held assets of $105k against liabilities of $0, net assets of $105k.