Bansan Foundation

Analysis

Bansan Foundation is a registered charity in United States, based in Flossmoor, IL. It received its IRS tax-exemption ruling in July 2007, 19 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 July 2023, Bansan Foundation reported income of $801k and spending of $677k, spending 84% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $487k to $801k (+65%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 41%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bansan Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Dalhart Christian Academy ($801k), Mansfield High School Athletic Booster Club Inc ($801k) and Warm World Child Development Center Inc ($801k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $98k (14% of expenses). Other salaries and wages came to $348k. At year end it held assets of $1.2m against liabilities of $455k, net assets of $785k. It reported 17 employees.