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B2w2 Inc

RegisteredEIN 27-1705781Wilmington, DEPoverty relief
Income$830k2023-12
Spending$894ksame year
Spent / received97%5-year average
Size in its cause72nd pctPoverty relief
Exempt since2010Supporting organisation
Employees0latest return

Analysis

B2w2 Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, B2w2 Inc reported income of $830k and spending of $894k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $662k to $830k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, B2w2 Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within DE. Charities of a similar size with the same main cause include Cobleskill Campus Child Care Center Inc ($830k), Charlenes Angels ($830k) and Beau Biden Foundation for the Protection of Children Inc ($830k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 18% of the total. At year end it held assets of $3.3m against liabilities of $787k, net assets of $2.5m.

Income and spending

$0$236k$473k$709k$946k2019 Income: $662,4562019 Spending: $745,68520192020 Income: $742,1362020 Spending: $563,29020202021 Income: $643,1002021 Spending: $656,60120212022 Income: $945,9292022 Spending: $833,82520222023 Income: $829,7912023 Spending: $893,6452023
IncomeSpending

Where the income comes from

  • Program services 18%
  • Other 82%

Similar-sized charities, same cause

CharityLocationIncome
Cobleskill Campus Child Care Center IncCobleskill$830k
Charlenes AngelsIndianapolis$830k
Beau Biden Foundation for the Protection of Children IncWilmington$830k
100 Acre Wood Daycare IncHolt$830k