Beyond the Reef Foundation Inc

Analysis

Beyond the Reef Foundation Inc is a registered charity in United States, based in Niceville, FL. It received its IRS tax-exemption ruling in May 2019, 7 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, Beyond the Reef Foundation Inc reported income of $312k and spending of $285k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $475k to $312k (-34%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beyond the Reef Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Life Balance Institute ($312k), Jewish Outreach Internationalincorporated ($312k) and Gee Gong Temple Inc ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $192k (67% of expenses). At year end it held assets of $335k against liabilities of $0, net assets of $335k. It reported 2 employees.