The Butterfly Foundation

Analysis

The Butterfly Foundation is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, The Butterfly Foundation reported income of $127k and spending of $154k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $531k to $127k (-76%), an average of -38% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Butterfly Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within CO. Charities of a similar size with the same main cause include Portraits of Hope Inc ($127k), Lutheran Legacy Foundation Inc ($127k) and Life Investors Fortunaires Club Charitable Foundation Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $43k (28% of expenses). At year end it held assets of $559k against liabilities of $0, net assets of $559k. It reported 1 employees.