Beacon House Community Ministry Inc

Analysis

Beacon House Community Ministry Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1992, 34 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, Beacon House Community Ministry Inc reported income of $1.5m and spending of $1.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $894k to $1.5m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beacon House Community Ministry Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 61st percentile within DC. Charities of a similar size with the same main cause include Helping with All My Heart Inc ($1.5m), International Childrens Network ($1.5m) and Next Step Domestic Violence Project ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $135k (8.8% of expenses). Other salaries and wages came to $664k. At year end it held assets of $1.0m against liabilities of $287k, net assets of $750k. It reported 29 employees.