Beta-local Inc is a 501(c)(3) organization based in San Juan, Puerto Rico, registered in 2011, with $348,127 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$348K
▼ 5.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$348K
Net assets
$50K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Beta-local Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Beta-local Inc: 2 mo reserves · -0% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Beta-local Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Beta-local Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $689K (FY2020) to $348K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$292K
Total liabilities
$242K
Net assets
$50K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $348,127▼5.7% | $348,223▼6.0% | $49,799▼0.2% | $291,722▼16.9% | 990 |
| 2022 | $369,234▲1.9% | $370,528▲1.3% | $49,895▼2.5% | $351,148▼3.1% | 990 |
| 2021 | $362,451▼47.4% | $365,813▼46.7% | $51,189▼6.2% | $362,489▼13.8% | 990 |
| 2020 | $688,867 | $686,760 | $54,551 | $420,752 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Beta-local Inc totaling $100K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hispanic Federation Inc | Puerto rico disaster relief grant | 2017 | $50,000 |
| Hispanic Federation Inc | Wire out - beta local, inc. - hurricane disaster | 2017 | $50,000 |
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Data for Beta-local Inc (EIN 66-0736115) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.