Allen-Bass Fund Inc

Analysis

Allen-Bass Fund Inc is a registered charity in United States, based in Madeira Beach, FL. It received its IRS tax-exemption ruling in November 1987, 39 years ago. 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 August 2024, Allen-Bass Fund Inc reported income of $110k and spending of $89k, spending 81% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $91k to $110k (+21%), an average of +21% a year. The sharpest change came in the year to August 2024, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allen-Bass Fund Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Environmental Educational Alliance Inc ($110k), PTA California Congress of Parents Teachers & Students Inc ($110k) and Billy Blackwood Ministries Inc ($110k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.