Bandini Foundation

Analysis

Bandini Foundation is a registered charity in United States, based in Agoura Hills, CA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bandini Foundation reported income of $494k and spending of $423k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $494k (+399%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 1180%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bandini Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include She Believes in Me ($494k), Calebs Kids ($494k) and Kukulu Kumuhana O Anahola ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $93k (22% of expenses). At year end it held assets of $1.3m against liabilities of $105k, net assets of $1.2m.