Banding Together

Analysis

Banding Together is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Banding Together reported income of $147k and spending of $143k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $250k to $147k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Banding Together sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Devon C Rubenstein Foundation Inc ($147k), Icare ($147k) and Dayton Veterans Affairs Research and Education Foundation ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 23% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.