Batonga Foundation

Analysis

Batonga Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2007, 19 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, Batonga Foundation reported income of $2.4m and spending of $2.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $287k to $2.4m (+752%), an average of +71% a year. The sharpest change came in the year to December 2021, when income rose by 751%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Batonga Foundation sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include The Institute for Human Services Inc ($2.4m), Highgate Charitable Foundation Inc ($2.4m) and United Way of the Capital Area Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $191k (8.5% of expenses). Other salaries and wages came to $650k. At year end it held assets of $1.4m against liabilities of $241k, net assets of $1.2m. It reported 1 employees.