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A Beacon of Hope Womens Center Inc

RegisteredEIN 58-2424267Roswell, GAPoverty relief
Income$1.9m2023-06
Spending$1.7msame year
Spent / received78%5-year average
Size in its cause83rd pctPoverty relief
Exempt since1999Publicly supported organisat
Employees18latest return

Analysis

A Beacon of Hope Womens Center Inc is a registered charity in United States, based in Roswell, GA. 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 2023, A Beacon of Hope Womens Center Inc reported income of $1.9m and spending of $1.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.9m (+19%), an average of +4.4% a year. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Beacon of Hope Womens Center Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Ecology Action of the Mid Peninsula ($1.9m), Lancaster Day Care Center ($1.9m) and Empowered 4 Life Foundation ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $198k (12% of expenses). Other salaries and wages came to $601k. It paid $3,650 in professional fundraising fees. At year end it held assets of $4.9m against liabilities of $2.1m, net assets of $2.8m. It reported 18 employees.

Income and spending

$0$475k$949k$1.4m$1.9m2019 Income: $1,595,3152019 Spending: $1,049,22220192020 Income: $1,709,9672020 Spending: $1,172,39020202021 Income: $1,681,3392021 Spending: $1,353,15420212022 Income: $1,746,1592022 Spending: $1,484,48220222023 Income: $1,898,1952023 Spending: $1,665,5302023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 2.5%

Similar-sized charities, same cause

CharityLocationIncome
Ecology Action of the Mid PeninsulaWillits$1.9m
Lancaster Day Care CenterLancaster$1.9m
Empowered 4 Life FoundationInglewood$1.9m
Danville Child Development CenterDanville$1.9m