Bbyo Fund for the Future Inc

Analysis

Bbyo Fund for the Future Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bbyo Fund for the Future Inc reported income of $1.3m and spending of $143k, leaving 89% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $619k to $1.3m (+107%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 121%. Over the whole period it spent 4.3% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bbyo Fund for the Future Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include Redemption House Ministry Inc ($1.3m), Cancare Inc ($1.3m) and Childrens Impact Network Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $8.6m against liabilities of $0, net assets of $8.6m.