Beyond Owners Group Inc

Analysis

Beyond Owners Group Inc is a registered charity in United States, based in Willow Street, PA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Beyond Owners Group Inc reported income of $10.5m and spending of $11.7m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $628k to $10.5m (+1570%), an average of +76% a year. The sharpest change came in the year to June 2020, when income rose by 162%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beyond Owners Group Inc 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 94th percentile within PA. Charities of a similar size with the same main cause include Capital for Change Inc ($10.5m), Georgia Southern University Housing Foundation Inc ($10.5m) and Hopelink of Southern Nevada ($10.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $41k (0.4% of expenses). At year end it held assets of $136.6m against liabilities of $141.8m, net assets of -$5.2m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.