Beulah Academy of Science Inc
Analysis
Beulah Academy of Science Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Beulah Academy of Science Inc reported income of $2.8m and spending of $2.6m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $2.8m (+29%), an average of +8.9% a year. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Beulah Academy of Science Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Texoma Christian School ($2.8m), Foundation for Learning Equality Inc ($2.8m) and Literacy West Ny Inc ($2.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $6.3m against liabilities of $2.7m, net assets of $3.7m. It reported 42 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.6%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Texoma Christian School | Sherman | $2.8m |
| Foundation for Learning Equality Inc | LA Jolla | $2.8m |
| Literacy West Ny Inc | Belmont | $2.8m |
| Ralph W & Grace M Showalter Research Trust Fund | Chicago | $2.8m |