Building Direction for Families Inc

Analysis

Building Direction for Families Inc is a registered charity in United States, based in Independence, IA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Building Direction for Families Inc reported income of $770k and spending of $806k, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $997k to $770k (-23%), an average of -8.3% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Building Direction for Families Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within IA. Charities of a similar size with the same main cause include Springs Food Pantry Inc ($770k), Pathways for Little Feet ($770k) and Foundations Christian Counseling Services Inc ($770k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (7.3% of expenses). Other salaries and wages came to $17k. At year end it held assets of $1.1m against liabilities of $748k, net assets of $330k. It reported 2 employees.