Congregation Beit Simcha

Analysis

Congregation Beit Simcha is a registered charity in United States, based in Tucson, AZ. 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Congregation Beit Simcha reported income of $323k and spending of $219k, leaving 32% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $213k to $323k (+52%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 142%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Congregation Beit Simcha 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 63rd percentile, and in the 61st percentile within AZ. Charities of a similar size with the same main cause include Dream Center Springfield Inc NFP ($323k), Taylorsville Church of Christ ($323k) and The Compassion Advocacy Network Inc ($323k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $51k. At year end it held assets of $501k against liabilities of $3,831, net assets of $498k. It reported 1 employees.