Beacon Charitable Pharmacy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,002,936 | 3,912,335 | 90,601 | 2.1 | 9% |
| 2021 | 4,374,596 | 4,291,220 | 83,376 | 2.2 | 9% |
| 2022 | 4,854,004 | 4,917,897 | −63,893 | 1.8 | 9% |
| 2023 | 6,243,055 | 5,352,148 | 890,907 | 3.6 | 8% |
In its most recent public year (2023), this organization brought in $890,907 more than it spent. Its reserves stood at about 3.6 months of spending, up from 2.1 in 2020. Staff pay was 8% of spending. $416,302 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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