Born This Way Foundation

Analysis

Born This Way Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2011, 15 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 December 2023, Born This Way Foundation reported income of $7.1m and spending of $3.6m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $7.1m (+98%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Born This Way Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Franciscan Health Foundation Inc ($7.1m), Minnesota Independence College and Community ($7.2m) and Huntington County Community Foundation Inc ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $309k (8.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.6m against liabilities of $107k, net assets of $9.5m. It reported 17 employees.