Beacon Village

Analysis

Beacon Village is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in February 2021, 5 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 June 2023, Beacon Village reported income of $792k and spending of $755k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $477k to $792k (+66%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beacon Village 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 76th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Project Compassion ($792k), Onramp Brazos Inc ($793k) and Movementforward ($792k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $99k (13% of expenses). Other salaries and wages came to $308k. At year end it held assets of $896k against liabilities of $91k, net assets of $805k. It reported 23 employees.