Balanced Rock Foundation

Analysis

Balanced Rock Foundation is a registered charity in United States, based in El Portal, CA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Balanced Rock Foundation reported income of $153k and spending of $293k, spending 191% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $271k to $153k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Balanced Rock Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Ithan Elementary PTO Inc ($153k), Kids Chance of Massachusetts Inc ($154k) and Peachtree Ridge Band Boosters Association Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $81k (28% of expenses). Other salaries and wages came to $85k. At year end it held assets of $776k against liabilities of $17k, net assets of $759k. It reported 5 employees.