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Filing year 2023

LYNCHBURG BEACON OF HOPE INC

Lynchburg, Virginia·EIN 45-3797831·NTEE B12 · Education·501(c)(3)
Total revenue
$1.9M
Total assets
$5.7M
Total expenses
$1.7M
Reported officers
32
Mission

"TO ENCOURAGE IN ALL LYNCHBURG CITY PUBLIC SCHOOL STUDENTS THE ASPIRATION TO PURSUE, AND PROVIDE THEM WITH THE TOOLS AND RESOURCES TO ATTAIN, A POST-SECONDARY EDUCATION."

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.

Exec Director (apr 24 - Current)
Key Employee
25th percentile to median
$80k
$87k
Exec Director (jul 23 - Apr 24)
Key Employee
25th percentile to median
$72k
$78k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 30 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LYNCHBURG BEACON OF HOPE INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 25%
from 2022

From $64k in 2022 to $80k in 2023.

$64k
2022
$80k
2023
In today's dollarsEst.
Up 20% in real terms$73k to $87k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 25% from 2022 to 2023, while revenue rose 70%.

$64k in 2022 to $80k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LYNCHBURG BEACON OF HOPE INC

What does the Key Employee of LYNCHBURG BEACON OF HOPE INC earn?

In 2023, the Key Employee of LYNCHBURG BEACON OF HOPE INC received $79,600 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among Education organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at LYNCHBURG BEACON OF HOPE INC compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2023 pay of the Key Employee at LYNCHBURG BEACON OF HOPE INC falls between the 25th percentile and the median. In 2023, the highest total compensation at LYNCHBURG BEACON OF HOPE INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.

What are LYNCHBURG BEACON OF HOPE INC's revenue and expenses?

In 2023, LYNCHBURG BEACON OF HOPE INC reported $1.9M in total revenue and $1.7M in total expenses on its IRS Form 990.

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