Beacon for Life

Analysis

Beacon for Life is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Beacon for Life reported income of $129k and spending of $134k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $190k to $129k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beacon for Life sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Msforward ($129k), Cancer Support of Deming and Luna County Inc ($129k) and Family4today Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.