Billy Mock Foundation Inc

Analysis

Billy Mock Foundation Inc is a registered charity in United States, based in Chadds Ford, PA. It received its IRS tax-exemption ruling in January 2021, 5 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, Billy Mock Foundation Inc reported income of $76k and spending of $36k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $76k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Billy Mock Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within PA. Charities of a similar size with the same main cause include Sheldon Independent School District Education Foundation ($76k), Petersham Memorial Library ($76k) and Elizabeth City-Pasquotank Public School Foundation Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.