Beacon State Fund

Analysis

Beacon State Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Beacon State Fund reported income of $149k and spending of $148k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $220k to $149k (-32%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. 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, Beacon State Fund sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Society of Iranian American Women for Education ($149k), Blockchain Acceleration Foundation ($149k) and Shawnee Boosters ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.