Beacon Humanitarian International Inc

Analysis

Beacon Humanitarian International Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in August 2022, 4 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, Beacon Humanitarian International Inc reported income of $61k and spending of $64k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $500 to $61k (+12064%), an average of +12064% a year. The sharpest change came in the year to December 2023, when income rose by 12064%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Beacon Humanitarian International Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include GFWC Anchorage Womans Club ($61k), This Is My Quest Inc ($61k) and Windsor Service Alliance ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.