Building Futures IV Inc

Analysis

Building Futures IV Inc is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Building Futures IV Inc reported income of $52k and spending of $87k, spending 167% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $48k to $52k (+8.7%), an average of +2.1% a year. Over the whole period it spent 160% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Building Futures IV Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NE. Charities of a similar size with the same main cause include Danberry Treasure Chest Inc ($52k), Colors for a Cause-Louisiana Chapter ($52k) and Asociacion de Alzheimer Y Desordenes Relacionados de PR ($52k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $12k. At year end it held assets of $839k against liabilities of $11k, net assets of $828k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.