Beyond Walls Inc

Analysis

Beyond Walls Inc is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Walls Inc reported income of $928k and spending of $961k, spending 104% of its income. Across the 5 years on record, from June 2019 to December 2023, income grew from $487k to $928k (+91%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Beyond Walls Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Carthage Improvements Corporation ($928k), Frances Bean Vair Testamentary Trust ($928k) and M O S E S Metropolitan Organizing Strategy Enabling Strength ($928k).

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 $83k (8.6% of expenses). Other salaries and wages came to $128k. At year end it held assets of $371k against liabilities of $90k, net assets of $281k. It reported 3 employees.