Busby Foundation

Analysis

Busby Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Busby Foundation reported income of $129k and spending of $98k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $181k to $129k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Busby Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include McHenrys Soberfest Inc ($129k), Family4today Inc ($129k) and Lefty Classic Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $858k against liabilities of $0, net assets of $858k.