Beauty 2 the Streetz

Analysis

Beauty 2 the Streetz is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beauty 2 the Streetz reported income of $801k and spending of $1.2m, spending 154% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $685k to $801k (+17%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beauty 2 the Streetz sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Tabor Services Inc ($801k), Impact Indonesia ($801k) and Bronx Jewish Community Council Inc ($801k).

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 $76k (6.1% of expenses). Other salaries and wages came to $255k. At year end it held assets of $2.6m against liabilities of $4,924, net assets of $2.6m. It reported 24 employees.