Beulah Community Improvement

Analysis

Beulah Community Improvement is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Beulah Community Improvement reported income of $287k and spending of $270k, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $194k to $287k (+48%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beulah Community Improvement sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include 4nyc Housing Inc ($287k), Abraham Apartments Housing Development Fund Corporation ($287k) and Elevate Lebanon ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $177k against liabilities of $2.0m, net assets of -$1.9m.