Bezsam Inc

Analysis

Bezsam Inc is a registered charity in United States, based in National City, CA. It received its IRS tax-exemption ruling in March 2015, 11 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, Bezsam Inc reported income of $10.8m and spending of $10.9m, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $776k to $10.8m (+1285%), an average of +69% a year. The sharpest change came in the year to December 2019, when income rose by 113%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bezsam Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include United Cerebral Palsy of South Carolina Inc ($10.8m), Ozarks Regional YMCA ($10.8m) and Orchard Village ($10.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $210k (1.9% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $199k against liabilities of $326k, net assets of -$127k. It reported 285 employees.