Battery Foundation

Analysis

Battery Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Battery Foundation reported income of $2.9m and spending of $3.4m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $2.9m (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Battery Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Tiferes Yisroel Inc ($2.9m), Jewish Federation of Greater Santa Barbara ($2.9m) and Tiferet Rabbi Akiva Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $117k (3.4% of expenses). Other salaries and wages came to $192k. At year end it held assets of $2.5m against liabilities of $1.5m, net assets of $1.0m. It reported 3 employees.