Beat the Odds

Analysis

Beat the Odds is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Beat the Odds reported income of $460k and spending of $327k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $199k to $460k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beat the Odds 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 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include American Friends of Fondation Beyeler ($460k), Arnot Art Museum ($460k) and Women Wonder Writers ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $104k. At year end it held assets of $238k against liabilities of $2,173, net assets of $236k. It reported 2 employees.