Binaytara

Analysis

Binaytara is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 October 2023, Binaytara reported income of $4.6m and spending of $2.7m, leaving 43% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $368k to $4.6m (+1161%), an average of +88% a year. The sharpest change came in the year to October 2021, when income rose by 188%. Over the whole period it spent 65% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Binaytara sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Junior Achievement of Utah Inc ($4.6m), The Haitian Project Inc ($4.6m) and Haiti Benefit Auction ($4.6m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $278k (10% of expenses). Other salaries and wages came to $249k. At year end it held assets of $3.1m against liabilities of $145k, net assets of $3.0m. It reported 17 employees.