Bannu Inc

Analysis

Bannu Inc is a registered charity in United States, based in Berlin, NH. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Bannu Inc reported income of $301k and spending of $401k, spending 133% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $604k to $301k (-50%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 123% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bannu Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within NH. Charities of a similar size with the same main cause include Slavic Missionary Outreach Inc ($301k), Presbyterian Peace Fellowship ($302k) and Israel Laad Inc ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $4,280 against liabilities of $500k, net assets of -$496k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.