Beneficent Technology
Also known as Benetech
Beneficent Technology reported $12.7 million in revenue and $11.4 million in expenses for calendar year 2024. Of every $100 it spent, $78.12 went to program services, $17.43 to management and general costs and $4.45 to fundraising. Its largest source of revenue was contributions and grants: 90.7% of the total. Government grants made up 69.1%. The highest compensation it reported for one person was $345,303 (CHIEF EXECUTIVE OFFICER). 27 people received more than $100,000 in reportable compensation. Revenue fell 15% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.1% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.4% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.5% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 90.7% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 69.1% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 9.2% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $345,303 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.04% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 27 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.5 | 6.9 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseAccessible education content and technology:benetech has been delivering inclusive learning solutions for over 20 years as the developer of bookshare, the world's largest service for accessible education materials. Benetech is transforming how educational content is made accessible through initiatives like bookshare and its global certified accessible (gca) program. Through the bookshare platform, benetech provides the world's largest online service for accessible e-books delivering more than 20 million e-books and materials that have served over 1.5 million learners. Benetech bookshare…
Benetech labs: benetech labs is our innovation and new product development center, where we explore areas of need and develop solutions by engaging with communities, other technologists, and nonprofits. We focus on finding and developing effective platforms that benetech and the communities we serve can take to scale and achieve lasting social impact
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $318,907 | $0 | $26,396 | $345,303 |
| VP PRODUCT & ENGINEERING Key employee, 40.00 hrs/week | $219,490 | $0 | $19,463 | $238,953 |
| ENGINEERING MANAGER Highest compensated employee, 40.00 hrs/week | $172,973 | $0 | $57,075 | $230,048 |
| VP CONTENT Key employee, 40.00 hrs/week | $181,741 | $0 | $45,525 | $227,266 |
| PRIN. ACCESS & CONTENT QLT ARCHITECT Highest compensated employee, 40.00 hrs/week | $183,475 | $0 | $39,897 | $223,372 |
| VP FINANCE & ADMINISTRATION Key employee, 40.00 hrs/week | $195,021 | $0 | $23,139 | $218,160 |
| VP ADVANCEMENT Key employee, 40.00 hrs/week | $190,932 | $0 | $18,775 | $209,707 |
| VP PROGRAMS Key employee, 40.00 hrs/week | $186,064 | $0 | $3,722 | $189,786 |
27 people received more than $100,000 in reportable compensation from Beneficent Technology (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 570
- Volunteers Part I, line 619
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| AMAZON WEB SERVICES Cloud hosting | $548,435 |
| EXYGY Other | $259,538 |
| SIGMA ASSOCIATES INC Evaluation services | $237,501 |
| DAPROIM AFRICA LTD Book scanning | $159,916 |
| CADRES EN MISSION INTERNATIONAL Other | $143,150 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Beneficent Technology's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Beneficent Technology, you can publish a response that is linked from this page.
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Of every $100 Beneficent Technology spent in 2024, $78.12 went to programs. The full breakdown, from its IRS Form 990:
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All human services charities · Largest charities in California
Questions people ask
How much of Beneficent Technology's spending goes to programs?
In calendar year 2024, Beneficent Technology reported that 78.1% of its $11.4 million in expenses went to program services, 17.4% to management and general and 4.5% to fundraising (Form 990, Part IX).
How much does Beneficent Technology pay its top executive?
The largest total compensation Beneficent Technology reported for one person in calendar year 2024 was $345,303, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Beneficent Technology get its money?
Of $12.7 million in revenue in calendar year 2024, 90.7% came from contributions and grants (including 69.1% from government grants) and 9.2% from program service revenue (Form 990, Part VIII).
Is Beneficent Technology a registered charity?
The IRS lists EIN 77-0555413 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533189349311918 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443209349300634 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302499349300220 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243029349300514 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113199349318946 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349301008 · read the filing
All filings for EIN 77-0555413: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.