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Filing year 2024

Beacon of Hope Inc

Mt Holly, New Jersey·EIN 27-1612632·NTEE P28 · Human Services·501(c)(3)
Total revenue
$315k
Total assets
$66k
Total expenses
$279k
Reported officers
6
Mission

Beacon of Hope's mission is to provide food, clean clothing, a warm place to recover from the elements during the winter months, life skills training ofr rising back above life, therefore stimulating community development and growth by unlocking potential through knowledge thereby "Changing Lives ONE Heart at a Time".

Reported officers (all unpaid)

No paid executives reported in 2024. Beacon of Hope Inc reported 6 unpaid officers and board members on its 990.

President
VP & Exec Dir
Treasurer
Director
Director
Director
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Beacon of Hope Inc equaled 10% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
10%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

Beacon of Hope Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$287k
$431k
2023
$315k
$279k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in New Jersey

Beacon of Hope Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable human services organization in New Jersey earns a median of $99,248.

25th percentile
$46k
Median
$99,248
75th percentile
$169k
90th percentile
$271k

These are human services sector-wide figures, not this organization's reported pay. Based on 624 organizations across 624 filings (2020 – 2024).

See full Human Services pay data for New Jersey

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FAQ

Common questions about Beacon of Hope Inc

What are Beacon of Hope Inc's revenue and expenses?

In 2024, Beacon of Hope Inc reported $315k in total revenue and $279k in total expenses on its IRS Form 990.

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