Beach Ball Foundation

Analysis

Beach Ball Foundation is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Beach Ball Foundation reported income of $676k and spending of $584k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $676k (+594%), an average of +594% a year. The sharpest change came in the year to December 2023, when income rose by 594%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Beach Ball Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Core Foundation ($676k), Ubiz Venture Capital ($676k) and United Way of Whiteside County Inc ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $287k against liabilities of $1,721, net assets of $285k.