The Bountiful House

Analysis

The Bountiful House is a registered charity in United States, based in Mount Vernon, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2021, The Bountiful House reported income of $67k and spending of $31k, leaving 54% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $395k to $67k (-83%), an average of -59% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 13% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Bountiful House sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Bee Generous ($67k), Armour Families Inc ($67k) and Frazier Kid Foundation ($67k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $515k against liabilities of $0, net assets of $515k.