Robert M Beren Academy

Analysis

Robert M Beren Academy is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1969, 57 years ago. 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 July 2022, Robert M Beren Academy reported income of $7.5m and spending of $7.2m, spending 97% of its income. Across the 4 years on record, from July 2019 to July 2022, income fell from $9.9m to $7.5m (-25%), an average of -9.0% a year. The sharpest change came in the year to July 2020, when income dropped by 41%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robert M Beren Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Alternative Building Concepts Group ($7.5m), Byron Center Christian School ($7.5m) and Society of Surgical Oncology Inc ($7.5m).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $315k (4.4% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $9.4m against liabilities of $1.7m, net assets of $7.7m. It reported 91 employees.