Bestowers Foundation Inc

Analysis

Bestowers Foundation Inc is a registered charity in United States, based in Kennesaw, GA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bestowers Foundation Inc reported income of $199k and spending of $308k, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $199k (-0.2%), an average of -0.2% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bestowers Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Hillyard Senior Center ($199k), Foss Empowerment Foundation ($199k) and Extension Master Gardener Volunteer Association of New Hanover County ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.