Becket Fund

Analysis

Becket Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 September 2023, Becket Fund reported income of $17.3m and spending of $10.7m, leaving 38% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.7m to $17.3m (+78%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 50%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Becket Fund sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 92nd percentile within DC. Charities of a similar size with the same main cause include Orlando Science Center Inc ($17.2m), Seattle Repertory Theatre ($17.3m) and Better World Libraries ($17.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $844k (7.9% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $28.4m against liabilities of $10.3m, net assets of $18.1m. It reported 69 employees.