Fundacion Balsiero

Analysis

Fundacion Balsiero is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in January 2008, 18 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, Fundacion Balsiero reported income of $251k and spending of $219k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $407k to $251k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fundacion Balsiero sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Brunswick Athletic Foundation ($251k), Hannahs House Inc ($251k) and Literacy Action of Central Arkansas Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 1.2% of the total. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.