Beachglass Ministries Inc

Analysis

Beachglass Ministries Inc is a registered charity in United States, based in PRT Washingtn, WI. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Beachglass Ministries Inc reported income of $178k and spending of $192k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $206k to $178k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beachglass Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Pathway Learning Inc ($177k), Youth Helpers Inc ($178k) and Church of the Holy Grail ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $105k (55% of expenses). Other salaries and wages came to $21k. It paid $3,530 in professional fundraising fees. At year end it held assets of $211k against liabilities of $15k, net assets of $196k. It reported 3 employees.