A House on Beekman Inc

Analysis

A House on Beekman Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, A House on Beekman Inc reported income of $2.0m and spending of $2.6m, spending 134% of what it took in. Across the 5 years on record, from August 2019 to June 2023, income grew from $1.5m to $2.0m (+27%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A House on Beekman Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Trels Home for Children ($2.0m), Oasis Therapeutic Foster Care Network Inc ($2.0m) and Guiding Our Youth ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $302k (12% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $618k. It reported 57 employees.