Beatrice Educational Foundation Inc

Analysis

Beatrice Educational Foundation Inc is a registered charity in United States, based in Beatrice, NE. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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, Beatrice Educational Foundation Inc reported income of $905k and spending of $452k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $404k to $905k (+124%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beatrice Educational Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NE. Charities of a similar size with the same main cause include Unbound Stockton Community School ($905k), National Assn of State Directors Teacher Education & Certification ($905k) and The Selma Center for Nonviolence Truth & Reconciliation ($905k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $80k (18% of expenses). Other salaries and wages came to $130k. At year end it held assets of $3.3m against liabilities of $5,765, net assets of $3.3m. It reported 60 employees.