Beverlycare

Analysis

Beverlycare is a registered charity in United States, based in Montebello, CA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Beverlycare reported income of $4.3m and spending of $3.7m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $517k to $4.3m (+735%), an average of +70% a year. The sharpest change came in the year to June 2021, when income rose by 148%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beverlycare sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include United States Catholic Conference ($4.3m), Mental Health America of Northern Kentucky and Southwest Ohio Inc ($4.3m) and Onelegacy Foundation ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $180k (4.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.2m against liabilities of $6.2m, net assets of -$2.9m. It reported 42 employees.