Ballenisles Charties Foundation Inc

Analysis

Ballenisles Charties Foundation Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2024, Ballenisles Charties Foundation Inc reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $787k to $1.3m (+61%), an average of +13% a year. The sharpest change came in the year to May 2022, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ballenisles Charties Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Fund for Southern Communities Inc ($1.3m), Community Colleges of New Hampshire Foundation ($1.3m) and Madam CJ Walker Institute for Women Entrepreneurs of Color ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $151k against liabilities of $16, net assets of $150k.