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Indiana · Nonprofit

BEACON INC

BEACON INC (Indiana) receives grants from 26 organizations whose IRS filings report $1,016,546 to it, the largest being UNITED WAY OF SOUTH CENTRAL INDIANA ($281,367). 13 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$5.1M
Funders on record
26
Grants received
$1.0M
Net assets
$3.1M
13/26 repeat funderspeak grant-dependency 8%
01What it does

What Beacon Inc does

Mission

Beacon, inc, (beacon) is a solutions-driven, anti-poverty nonprofit, dedicated to aiding and empowering people experiencing extreme poverty, especially hunger and homelessness. Based in bloomington, in, beacon provides six core programs; shalom center, friend's place, phil's kitchen, crawford homes, rapid rehousing, and street outreach.

As stated on its FY2024 Form 990.

Program

  1. Shalom center: the shalom center is beacon's day shelter and our main location, where phil's kitchen, rapid-re-housing, and street outreach all work from. Open every weekday from 8am to 4pm, shalom provides life essentials to help people stabilize in times of need, including: day shelter, breakfast and lunch (60,190 meals served), emergency groceries, restrooms, showers (5,339), laundry (1,733), storage, telephones, a mailing address, bus tickets (5,985), prescription assistance (50 people), rent and utility assistance (262 households), identification (138), and access to housing resources. Shalom center also provided counseling sessions (2,023), assisted people without homes, and reunited homeless people with out-of-town families (43). Friend's place: beacon provides overnight shelter to people experiencing homelessness. Friend's place is the only year-round, nonreligious shelter for adults (age 18+) in our region. Friend's place provides safe and sober beds for men, women, and gender nonbinary people. The shelter opens daily at 5:15pm. Guests must not be under the influence of alcohol or illegal drugs, and monroe county residents are given priority. Friend's place sheltered 269…

    $2,609,101 spentof which $1,278,021 as grants$74,274 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,609,101.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($2.8M) Expenses 100 ($3.3M) Net assets 100 ($597k)2021 Revenue 156 ($4.4M) Expenses 120 ($3.9M) Net assets 192 ($1.1M)2022 Revenue 97 ($2.8M) Expenses 83 ($2.7M) Net assets 202 ($1.2M)2023 Revenue 103 ($2.9M) Expenses 91 ($3.0M) Net assets 200 ($1.2M)2024 Revenue 178 ($5.1M) Expenses 98 ($3.2M) Net assets 514 ($3.1M)
20202021202220232024
Revenue (178)Expenses (98)Net assets (514)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.2M to $4.1M (+235%).

$854k
$1.2M
$1.2M
$1.2M
$4.1M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 64% · 2021 78% · 2022 71% · 2023 71% · 2024 60%. Grants only. Government contracts and fees sit inside program revenue.

98% of BEACON INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

−$416k
’20
$542k
’21
$58k
’22
−$19k
’23
$1.9M
’24
4.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Forrest Gilmore

Executive director

As listed on its FY2024 Form 990.

20202021202220232024
Listed1412131113
Joined·+0+5+0+3
No longer listed·2421
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 11 funders, grant income rose $41k → $131k.

11 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BEACON INC’s funders (the co-funder graph). Top 24 of 26 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BEACON INC has a broad base — no single funder exceeds 28% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BEACON INC.

28%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2017 49% · 2019 59% · 2020 61% · 2021 72% · 2022 24% · 2023 43% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

22% of BEACON INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

54% of BEACON INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $464k that is directly attributable, 72% of it comes from Indiana funders.

MN
IL
NY
IN
OH
CA
FL

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $552k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BEACON INC runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.

Operating margin37% · top quartile
Months of reserve4.1mo · above the median
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Government funding BEACON INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11.9M on record.

Federal$11.9M
grants $11.9Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Housing and Urban Development$11.9M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BEACON INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 6%Fundraising 12%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Screen this organization

A dated, signed PDF of the compliance screen for BEACON INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BEACON INC?
BEACON INC (Indiana) receives grants from 26 organizations whose IRS filings report $1,016,546 to it, the largest being UNITED WAY OF SOUTH CENTRAL INDIANA ($281,367). 13 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does BEACON INC have?
IRS filings report 26 organizations giving $1,016,546 in grants to BEACON INC, 13 of which have funded it in more than one year.
Who is the largest funder of BEACON INC?
UNITED WAY OF SOUTH CENTRAL INDIANA is the largest funder on record, with $281,367 in grants. The full list of funders is on this page.
How can an organization like BEACON INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Beacon →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 26 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing