Beyond Basics

Analysis

Beyond Basics is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in August 2002, 24 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 June 2023, Beyond Basics reported income of $18.3m and spending of $10.5m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $18.3m (+964%), an average of +81% a year. The sharpest change came in the year to June 2023, when income rose by 162%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beyond Basics sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Nevada Virtual Charter School ($18.3m), Strong Rock Christian School Inc ($18.3m) and Christ School Inc ($18.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $345k (3.3% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $12.7m against liabilities of $2.7m, net assets of $10.0m. It reported 261 employees.