Beulah Heights University Incorporated

Analysis

Beulah Heights University Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 1966, 60 years ago. 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 June 2024, Beulah Heights University Incorporated reported income of $4.4m and spending of $5.3m, spending 119% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.5m to $4.4m (-1.2%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beulah Heights University Incorporated 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 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Associated Health Assurance Ltd ($4.4m), Edge New Jersey Inc ($4.4m) and Kestrel Institute ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.0m (19% of expenses). At year end it held assets of $2.8m against liabilities of $765k, net assets of $2.0m. It reported 107 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.