Bodman Foundation

Analysis

Bodman Foundation is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in October 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending December 2023, Bodman Foundation reported income of $210k and spending of $129k, leaving 38% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $264k to $210k (-21%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 289%. Over the whole period it spent 206% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bodman Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Key Housing Development Fund Corporation ($210k), Petit Jean Youth Foundation Inc ($210k) and Palau Foundation for World Evangelism ($210k).

At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.