A Gift From Ben Inc

Analysis

A Gift From Ben Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, A Gift From Ben Inc reported income of $2.9m and spending of $2.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.9m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Gift From Ben Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include YWCA of Clinton Iowa ($2.9m), Quiet Oaks ($2.9m) and Nonprofit Management Center of the Permian Basin ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.

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.