Bitsaa International Inc

Analysis

Bitsaa International Inc is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in August 2002, 24 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, Bitsaa International Inc reported income of $1.7m and spending of $1.2m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $526k to $1.7m (+214%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 94%. 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, Bitsaa International Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Usg United Scientific Group ($1.7m), Cornerstone Credit Union Foundation ($1.7m) and Childrens Academy ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.