The Balousek Family Foundation

Analysis

The Balousek Family Foundation is a registered charity in United States, based in Moraga, CA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Balousek Family Foundation reported income of $143k and spending of $110k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $144k to $143k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Balousek Family Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Faith Academy Inc ($143k), Illinois Driver Education Teacher Endorsement Program ($143k) and US Nigeria Council for Food Securit Y Trade and Investment Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $21k (19% of expenses). At year end it held assets of $753k against liabilities of $3,098, net assets of $750k.