Buried Asset Management Institute International Incorporated

Analysis

Buried Asset Management Institute International Incorporated is a registered charity in United States, based in Selma, AL. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buried Asset Management Institute International Incorporated reported income of $325k and spending of $313k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $199k to $325k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Buried Asset Management Institute International Incorporated sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within AL. Charities of a similar size with the same main cause include Green Township Soccer Association ($325k), Coalition on Positive Health Empowerment Inc ($325k) and Hunting with Heroes Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $83k (26% of expenses). At year end it held assets of $106k against liabilities of $0, net assets of $106k.