Beth Sholom Home of Virginia

Analysis

Beth Sholom Home of Virginia is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Beth Sholom Home of Virginia reported income of $31.3m and spending of $19.0m, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $19.8m to $31.3m (+58%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beth Sholom Home of Virginia sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include Minnie Hamilton Health Care Center ($31.3m), Luminis Health Imaging Inc ($31.3m) and Anna Freud Centre ($31.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $546k (2.9% of expenses). Other salaries and wages came to $4.9m. It paid $200 in professional fundraising fees. At year end it held assets of $33.4m against liabilities of $11.7m, net assets of $21.6m. It reported 277 employees.