Beverly Hills Education Foundation Inc

Analysis

Beverly Hills Education Foundation Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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, Beverly Hills Education Foundation Inc reported income of $454k and spending of $1.1m, spending 231% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $425k to $454k (+6.9%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 187% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beverly Hills Education Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Dr Herbert Guice Christian Academy ($454k), Christian Concern Management and Development Corp ($454k) and Soldier on Foundation Inc ($454k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. Other salaries and wages came to $271k. At year end it held assets of $4.0m against liabilities of $122k, net assets of $3.8m. It reported 47 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.