Benevolence Industries Incorporated

Organization Overview

Benevolence Industries Incorporated is located in Torrance, CA. The organization was established in 2007. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2023, Benevolence Industries Incorporated employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benevolence Industries Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Benevolence Industries Incorporated generated $18.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $15.0m during the year ending 12/2023. While expenses have increased by 3.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MEDICAL AND SOCIAL SERVICES TO POPULATION WITH LOW INCOME IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE MEDICAL AND SOCIAL SERVICES TO POPULATION WITH LOW INCOME IN THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Enerstine Smith
Chairperson
$0
Edward Frimpong
Secretary
$0
Thomas Witts
Treasurer
$0
Nicole Virgin
Director
$0
Gladys Rodriguez
Director
$0
Ayesha Marcel
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,115,455
All other contributions, gifts, grants, and similar amounts not included above$2,185,032
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,300,487
Total Program Service Revenue$10,526,549
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,466,985

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