Beautiful Redemption

Analysis

Beautiful Redemption is a registered charity in United States, based in Palmer Lake, CO. It received its IRS tax-exemption ruling in March 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, Beautiful Redemption reported income of $608k and spending of $678k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $608k (+87%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beautiful Redemption sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Casa Milagro ($608k), Missoula Senior Citizens ($608k) and Community Collaborative ($608k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $184k (27% of expenses). Other salaries and wages came to $180k. At year end it held assets of $268k against liabilities of $17k, net assets of $251k. It reported 3 employees.