Busara Center for Behavioral Economics Inc

Analysis

Busara Center for Behavioral Economics Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in August 2014, 12 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, Busara Center for Behavioral Economics Inc reported income of $11.4m and spending of $10.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.6m to $11.4m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Busara Center for Behavioral Economics Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Rafiki Foundation Incorporated ($11.3m), International Institute of Rural Reconstruction ($11.4m) and Association for Cultural Interchange Inc ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $153k (1.4% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $8.8m against liabilities of $3.1m, net assets of $5.7m. It reported 5 employees.