Balfour Beatty Communities Foundation

Analysis

Balfour Beatty Communities Foundation is a registered charity in United States, based in Malvern, PA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Balfour Beatty Communities Foundation reported income of $61k and spending of $143k, spending 235% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $422k to $61k (-86%), an average of -38% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Balfour Beatty Communities Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Fort Toulouse Foundation ($61k), Florida Association of Nonprofit Organizations Inc ($61k) and PTA Florida Congress ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 335% of the total. At year end it held assets of $2.5m against liabilities of $18k, net assets of $2.5m.