B Foundation Inc

Analysis

B Foundation Inc is a registered charity in United States, based in Belding, MI. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, B Foundation Inc reported income of $91k and spending of $55k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $91k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, B Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Fearless Women Inc ($91k), Connection Project Inc ($91k) and Greater New York Al Anon Family ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.