Beaver Institute Inc

Analysis

Beaver Institute Inc is a registered charity in United States, based in Southampton, MA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Beaver Institute Inc reported income of $244k and spending of $187k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $218k to $244k (+12%), an average of +12% a year. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beaver Institute Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Youthport ($244k), Sellers Senior Center Inc ($244k) and Waterfront Village ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $77k (41% of expenses). Other salaries and wages came to $5,535. At year end it held assets of $342k against liabilities of $8,950, net assets of $333k. It reported 2 employees.