Better Business Bureau Foundation

Analysis

Better Business Bureau Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 2023, Better Business Bureau Foundation reported income of $186k and spending of $165k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $301k to $186k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Better Business Bureau Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NE. Charities of a similar size with the same main cause include Urban Chamber Community Development Corporation ($186k), Maef Real Estate Holdings Inc ($186k) and Duluth Fall Festival Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $778k against liabilities of $820k, net assets of -$41k.