Beaverbrook Homes Inc

Analysis

Beaverbrook Homes Inc is a registered charity in United States, based in Sparks, MD. It received its IRS tax-exemption ruling in February 1999, 27 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 June 2024, Beaverbrook Homes Inc reported income of $61k and spending of $74k, spending 122% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $61k (+1.2%), an average of +1.2% a year. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beaverbrook Homes Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Forever Family Inc ($61k), Nevada County Group Home Inc ($61k) and Ruoff Cares Inc ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $180k against liabilities of $69k, net assets of $111k.