Balance Inc

Analysis

Balance Inc is a registered charity in United States, based in Grafton, WI. It received its IRS tax-exemption ruling in February 1995, 31 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, Balance Inc reported income of $3.6m and spending of $3.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $3.6m (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Balance Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Rescue Mission of El Paso Inc ($3.6m), Marie Wilkinson Food Pantry Inc ($3.6m) and Lead4life Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $158k (4.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $2.7m against liabilities of $636k, net assets of $2.0m. It reported 119 employees.