Benevolent Enterprises Inc

Analysis

Benevolent Enterprises Inc is a registered charity in United States, based in Angelus Oaks, CA. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Benevolent Enterprises Inc reported income of $317k and spending of $419k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $440k to $317k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Benevolent Enterprises Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include North Allegheny Soccer Club Inc ($317k), North Brunswick Baseball Association Inc ($317k) and Superior Amateur Hockey Association Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $3.4m against liabilities of $789k, net assets of $2.6m.