Beit Tshuvah

Analysis

Beit Tshuvah is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. 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, Beit Tshuvah reported income of $9.0m and spending of $9.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.5m to $9.0m (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2022, when income dropped by 34%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beit Tshuvah sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Clubs of Napa Valley ($9.0m), Ashwell ($9.0m) and Fred Browns Recovery Services Inc ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $380k (4.2% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $30.7m against liabilities of $1.3m, net assets of $29.4m. It reported 125 employees.