Build-A-Life Foundation

Analysis

Build-A-Life Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, 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, Build-A-Life Foundation reported income of $306k and spending of $101k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $306k (+220%), an average of +220% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Build-A-Life Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Kids Mobility Network Inc ($306k), Community Care Council Inc ($306k) and Growing Forward Together ($305k).

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 $218k against liabilities of $0, net assets of $218k.