BEducationEIN: 582672578· Ruling Year: 2003

Beacon Charter School Corp

Woonsocket, Rhode Island

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.38×
Peer Median20.77×
💰
$6.9M
Total Revenue
📊
$6.8M
Total Expenses
🏦
$2.5M
Net Assets
📋
$2.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.7%
Year-over-year change (2022 → 2023)
Net Margin
+1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.38
Net assets divided by total expenses
Liabilities-to-Assets
46.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,878,1076%$6,779,4686%$4,783,91933%
2022$6,505,31611%$6,414,13817%$3,594,7924%
2021$5,839,5949%$5,467,6671%$3,470,5181%
2020$5,360,2241%$5,400,942$3,432,28110%
2019$5,325,3951%$5,426,68912%$3,126,0234%
2018$5,364,29015%$4,856,07813%$3,253,59719%
2017$4,658,48412%$4,284,61910%$2,727,08915%
2016$4,165,82228%$3,884,01122%$2,368,78415%
2015$3,257,561$3,177,8453%$2,068,0894%
2014$3,252,9101%$3,093,7984%$1,979,7396%
2013$3,235,68511%$2,965,1412%$1,864,41915%
2012$2,924,3341%$3,036,2123%$1,618,90168%
2011$2,961,335$2,939,079$961,145

Frequently Asked Questions

What does Beacon Charter School Corp do?

Beacon Charter School Corp is a education nonprofit organization based in Rhode Island. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Beacon Charter School Corp financially healthy?

Based on our 9-metric Financial Health Score model, Beacon Charter School Corp has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Beacon Charter School Corp generate?

Beacon Charter School Corp reports $7.0M in annual revenue and holds $4.5M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Rhode Island.