Bowen Family Foundation

Analysis

Bowen Family Foundation is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 October 2023, Bowen Family Foundation reported income of $426k and spending of $487k, spending 114% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $183k to $426k (+132%), an average of +23% a year. The sharpest change came in the year to October 2021, when income rose by 302%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bowen Family Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Edgewater Housing Finance Corporation ($425k), Peace Dale United Housing Inc ($426k) and Recycling Works ($425k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 234% of the total. Other salaries and wages came to $25k. At year end it held assets of $764k against liabilities of $185, net assets of $764k. It reported 1 employees.