Balif Foundation

Analysis

Balif Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2015, 11 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 June 2024, Balif Foundation reported income of $63k and spending of $72k, spending 115% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $11k to $63k (+485%), an average of +142% a year. The sharpest change came in the year to June 2023, when income rose by 251%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Balif Foundation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Falmouth Education Foundation ($63k), Club 400 ($63k) and Sertoma Inc ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.